Enterprises are turning to cloud outsourcing providers to manage their private and hybrid cloud infrastructure. Spending on infrastructure-as-a-service (IaaS) climbed to a record $8.2 billion in the second quarter of 2021, up 41 percent year-over-year and 15 percent quarter-over quarter. Global demand for IT and business services, at $19.1 billion in Q2, reached a new record for the third straight quarter, as enterprises accelerate their digital transformations and move to the cloud.
Source: https://www.helpnetsecurity.com/2021/07/19/outsourcing-cloud-management/