#<p><img class="alignleft size-full wp-image-3854" alt="Clouds in Oxford: pic Mike Magee" src="http://channeleye.co.uk/wp-content/uploads/2013/07/ox_cloud.jpg" width="330" height="248" />By 2018, spending on public IT cloud services is set to be worth $127 billion.</p>
<p>That’s according to research from IDC, which indicates a five year compound annual growth rate (CAGR) of 22.8 percent – six times the rate for the IT market overall. <a href="http://channeleye.co.uk/public-it-cloud-service-spending-to-soar/" class="read_more">more&#187;</a></p><div class="feedflare">
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