How is the IT development in Lanzhou now?

The growth rate of investment in traditional IT infrastructure is slowing down

Affected by the development of the cloud computing industry, the current market share of spending on traditional non-cloud IT infrastructure is gradually decreasing. However, the development of the IDC industry and the update of existing traditional IT infrastructure of enterprises in the past few years have still brought stable growth in market demand to the traditional IT infrastructure industry. The scale of investment in China's traditional IT infrastructure has increased from 89.06 billion yuan in 2014. The RMB rose to RMB 133.5 billion in 2018, with a compound annual growth rate of 10.6%. In 2019, China's traditional IT infrastructure investment scale slowed down, reaching 148.6 billion yuan, a year-on-year increase of 11.3%, and the growth rate decreased by 6.3 percentage points compared with 2018.

According to a report released by Frost & Sullivan, the scale of investment in cloud IT infrastructure in my country has grown rapidly in recent years. In 2018, the scale of investment in cloud IT infrastructure in my country was 92.4 billion yuan. In 2019, the scale of investment in cloud IT infrastructure was 92.4 billion yuan. Reaching 140 billion yuan, a year-on-year increase of 51.5%.

(3) The scale of investment in public cloud IT infrastructure exceeds that of private cloud

Since 2018, the scale of investment in China’s public cloud IT infrastructure has exceeded that of private cloud. In 2019, China’s cloud IT infrastructure Among investments, public cloud IT infrastructure investment scale is 85.5 billion yuan, and private cloud IT infrastructure investment scale is 54.5 billion yuan.

——For more data, please refer to the "China Data Center (IDC) Infrastructure Industry Market Forecast and Investment Planning Analysis Report" released by the Forward-looking Industry Research Institute.