Networking giants thunder into cloud infrastructure game

IDC has estimated sales of infrastructure products grew 8.1% year-on-year to $8.4 billion in Q3 of 2016, with companies traditionally from networking segment upsetting the status quo.
IDC’s Worldwide Quarterly Cloud IT Infrastructure Tracker, which accounts for all products relating to cloud IT, including public and private cloud, states cloud IT infrastructure now accounts for 39.2% of all IT infrastructure spending in Q3, up from 34.7% in 2015. Revenues from private cloud grew 8.2% to $3