Capitalizing on the CloudCapitalizing on the Cloud

MR Rangaswami from SandHill.com just posted an opinion piece on the growing interest around cloud computing. The article conveys a few stats on just how big "the cloud" is expected to get in the not too distant future. One stat in particular from Merrill Lynch puts the cloud computing market at $95 Billion in a mere five years which might explain why all the buzz in the market. The article also touches on one of the biggest problems I see regarding cloud computing right now - confusion around exactly what it is. I blogged on this a while back. If the market can't get their brains wrapped around what exactly the cloud is, how all the pieces work and what it means for their business then adoption will be hindered. Maybe this is not a fair comparison but SOA comes to mind here. Let's hope the vendors/analysts/experts can start agreeing upon a consistent vernacular before we get any deeper into confusion.