Australian enterprises increasing investment in public cloud IaaS: Telsyte

ZDNet 

More than half of all Australian CIOs and IT leaders will be increasing their investment in public cloud infrastructure as a service (IaaS) in the upcoming year, according to a new study by analyst firm Telsyte. The Australian IaaS market is expected to reach AU$621 million by the end of 2016, representing more than 60 percent growth since 2015. Telsyte has also predicted that IaaS expenditure will surpass AU$1 billion by 2020. The increase in spending is being driven by a shift in IT priorities, according to Telsyte, with IT infrastructure management becoming a top concern for Australian CIOs in the past 12 months, matching security for the first time. The Telsyte Australian Infrastructure & Cloud Computing Market Study 2017 also showed that big data analytics, storage, Internet of Things (IoT), artificial intelligence, and process digitisation are all driving the demand for cloud services.

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