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On-premise enterprise data center investment booming, report says

Adoption of cloud-based services has long been transforming the way business functions. In addition to investing big to access public cloud’s like those operated by Google and Amazon, investments in on-premise enterprise data center infrastructure are also increasing, according to new research from IHS Markit.

According to the new report, the driver is adoption of multi-cloud strategies, wherein enterprises operate particular workloads on private clouds, while others benefit from public clouds and even public/private hybrid arrangements.

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