The migration to the cloud is eating up ever-larger portions of enterprise technology budgets, research shows, with hosted computing solutions accounting for more than one-third of IT spending and still growing. According to the recently released IDG Enterprise Cloud Computing Study, which polled more than 1,600 IT executives in January, roughly two-thirds of organizations plan to increase cloud spending over the next year, with privately hosted networks accounting for the bulk of new spending.
More enterprise IT dollars are going to the cloud
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