“Cloud computing is a very exciting trend, and there is a lot of potential over the next few years for services to move to the cloud, to move to service providers in the cloud. The problem is, most of those services aren’t ready yet. They don’t enable the service levels that are needed. They don’t have the security that is needed. They don’t meet our compliance requirements. There’s something lacking there. So in the meantime many of our clients are asking what can I do now? What does Google do? What does Amazon do that I can do myself? We’re actually seeing virtualization being used as a foundation for many of these efforts to build what we call private clouds and private cloud services. In fact this is such a big trend right now that we believe over the next three, maybe five years the majority of money spent by enterprises will be on private cloud computing and not on public cloud simply because it isn’t ready yet.”
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