The rapid growth of Cloud Computing has been fueled by a combination of economic and technological factors, but sustained by the immediate business benefits which have clearly demonstrated that it is not just another over-hyped tech trend. I expect this market to grow even more rapidly as organizations of all sizes move from asking “What is Cloud Computing and why is it important?” to “Where and how can I capitalize on the Cloud?”
These organizations will leverage a combination of public, private and community Cloud solutions. They will also migrate to SaaS-based enterprise applications which include social networking capabilities similar to those found in Salesforce.com Chatter. A growing number of organizations will also capitalize on a widening array of Cloud-based Data-as-a-Service (DaaS) solutions and “datamarts”, as well as Business Process-as-a-Service (BPaaS) alternatives. In sum, the rapidly evolving Cloud Computing landscape will transform the way organizations procure, utilize and administer business applications and processing power.