Traditional server market in the enterprise has already falling of the ledge and not coming back. Dense compute/HCI is all of the big server players market now. If you placed an order for 20 Dell R630s or w/e equivalent, they would be like, OK we will sell you them...but are you sure thats the solution you want? There is fast falling interest in pushing the marketing behind them now. Especially with the majority of enterprises building out hybrid cloud solutions going forward and shrinking the datacenter footprint massively. More compute, more storage, less tiles.
As a software company, we are rolling out a cloud version of our product due to customer demand.
At the same time, as the IT person, we will not be using any cloud applications, if a non cloud version is available.
As for servers, I've only purchased one new server this year.
I did add ram (DDR3 on older servers is cheap), larger drives (non-Dell drives are cheap), and even upgraded some of the CPU's (older used Xeons are cheap).
Going from Dual 2.5Ghz quad cores to Dual 2.8Ghz 10 core CPU's is a significant improvement, and allows me to run more virtualized servers on the same box.
Next plan is to install 10gb network cards in the servers and upgrade some of the switched to handle 10gb.