Cloud Computing = Hype!
Posted by Felix Enescu on October 2nd, 2008
Cloud computing seems to reach the “Peak of Inflated Expectations“. Even Larry Ellison admits it:
“The interesting thing about cloud computing is that we’ve redefined cloud computing to include everything that we already do. I can’t think of anything that isn’t cloud computing with all of these announcements. The computer industry is the only industry that is more fashion-driven than women’s fashion. Maybe I’m an idiot, but I have no idea what anyone is talking about. What is it? It’s complete gibberish. It’s insane. When is this idiocy going to stop?”
In “Peak of Inflated Expectations” phase, a frenzy of publicity typically generates over-enthusiasm and unrealistic expectations. There may be some successful applications of a technology, but there are typically more failures.
Usually in this phase the only ones making money are journalists and event organizers. So be aware… 
October 2nd, 2008 at 2:51 pm
If the cycle continues you know what comes next, but I wonder if we will ever see the profits on an enterprise scale.
October 3rd, 2008 at 11:01 pm
Do power utilities make a profit?
Cloud computing providers will be tomorrow utilities, likely regulated with a reasonable profit margin.