REDWOOD CITY, Calif. &ndash According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, data center capex grew at the fastest rate year-over-year in three years in 1Q 2022. New cloud deployments and higher data center infrastructure costs drove capex.

Additional highlights from the 1Q 2022 Data Center IT Capex Quarterly Report: