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Cloud computing spending is growing even faster than expected

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Spending on cloud computing services is growing faster then previously expected, with software-as-a-service (SaaS) and infrastructure-as-a-service (IaaS) two of the most rapidly expanding segments.

Worldwide public cloud services revenues are expected to grow 18.5 per cent in 2017 to a total $ 260bn, up from $ 219.6bn last year, according to Gartner.

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