Clouds are, well, wet hot air
The cloud is a great idea put into a terrible concept. It flattens the entrepeneur landscap, obliterates tech savvy system and network administrator jobs, threatens privacy, threatens sanity and empowers the kind of people you don't want in charge of IT anyway ( management )
On top of that it introduces insane ideas such as FULL and omnipresent encryption as a way to security and privacy. The latter may be true but the first it is not, every. UNLESS one can intercept ALL encrypted traffic, putting to question it's use.
Forget the CLOUD, do not empower monolith business models to even further capitalize on the greed and near-sightedness of so called visionary managers and so fort and so forth. Dzjeezes.