Global cloud spend to surpass $700B in 2025 as hybrid adoption spreads
Posted: 21st Nov 2024
Cloud infrastructure delivered large language models to the enterprise, and hyperscaler platforms now serve as marketplaces for a growing number of generative AI-powered applications.
Combined, cloud infrastructure and platform services — a segment Gartner calls CIPS — will comprise the largest category of enterprise cloud spend in 2025, increasing by 24% to over $300 billion, according to the forecast.
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