There're two articles recently that make significant and worth summarizing of Cloud Computing. "Frank Gens at IDC summarized their forecast for public IT Cloud services spending for "next four years". As with any macro spending forecast, it's half science, half art, it's worth sitting up when IDC predict spending will increase from approx $16.5Billion spent in 2009 to over $55 Billion in 2014, creating a 'scorching fast growth of 27% per year'. "This sort of forecasted growth is exactly why we're now sharing externally that approximately 90% of engineering at Microsoft will be working on cloud related projects in coming years," said Andrew."
Next, up John Soat's "Five Predictions Concerning Cloud Computing" post. Here're his five: » All Applications will move the Cloud »Platform-as-a-Service will supplant SaaS »Private Clouds will dominate Public »Hybrid will dominate » Cloud Computing will disappear as a term.
More Reading: Frank Gens | John Soat | Reading Tea Leaves - Weather Predictions for the Cloud