Larry Ellison, CEO of Oracle just announced that Oracle was launching a brand new cloud computing service. Think for a minute how profound this is given Ellison's resistance to cloud computing since 2008.
In 2008, Ellison had some sharp words about the subject:
"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 contrast, Vivek Kundra, CIO of the U.S. Federal Government was an advocate of cloud computing, “I believe it's the future," he says. "It's moving technology leaders away from just owning assets, deploying assets and maintaining assets to fundamentally changing the way services are delivered“ (CIO, 2008).
The excerpts above were from my ACM and ISE Security award nominated dissertation research posted here: http://scholars.indstate.edu/handle/10484/2031
John Roberts and Wasim Al-Hamdani presented on cloud security in the InfoSecCD '11 Proceedings of the 2011 Information Security Curriculum Development Conference.
Interesting resources in the bibliography section: