Cloud IT infrastructure spending continues to grow, but IBM, NetApp and Lenovo are not sharing in the growth, a new report of particular interest to tech in the Triangle shows.

HP, meanwhile, as well as EMC, Cisco and Dell all grew sales.

All but HP maintain big operations in the Triangle.

IBM was especially hurt with revenues plunging 30.3 percent from a year ago to $210 million, according to research firm IDC.

Big Blue’s market share fell to 3.2 percent from 4.7 percent.

Lenovo, which operates its global server business headquarters in the Triangle, saw its revenue drop 1.2 percent to $206 million year-over-year.

Its share dipped to 3.1 percent from 3.3 percent.

NetApp, which operates a big campus in RTP, took a 9.5 percent hit in revenue, declining to $245 million from $271 million.

NetApp’s market share fell to 3.7 percent from 4.2 percent year-over-year.

Overall, cloud IT (public and private) grew by 3.9 percent year over year to $6.6 billion.

Cisco revenues soared 30.1 percent to $786 million, lifting it to second place behind HP ($1.14 billion). Cisco’s share climbed to 11.9 percent from 9.5 percent.

Dell and EMC, which are prearing to merger, improved sales 7.6 percent and 10.9 percent respectively to $782 million and $468 million.

IDC’s analysis

IDC sees various factors in play in the market, noting that while there was growth it did slow.

“A slowdown in hyperscale public cloud infrastructure deployment demand negatively impacted growth in both public cloud and cloud IT overall,” said Kuba Stolarski, research director for Computing Platforms at IDC. “Private cloud deployment growth also slowed, as 2016 began with difficult comparisons to 1Q15, when server and storage refresh drove a high level of spend and high growth. As the system refresh has mostly ended, this will continue to push private cloud and, more generally, enterprise IT growth downwards in the near term. Hyperscale demand should return to higher deployment levels later this year, bolstered by service providers who have announced new datacenter builds expected to go online this year. As the market continues to work through this short term adjustment period, with geopolitical wild cards such as Brexit looming, end-customers’ decisions about where and how to deploy IT resources may be impacted. If new data sovereignty concerns arise, service providers will experience added pressure to increase local datacenter presence, or face potential loss of certain customers’ workloads.”