In this excellent article John Foley asked the question about cloud computing: Where is the revenue? There are some pretty big surprises when you look at the real reported numbers. Amazon bundles AWS revenue into a category they call "other" and it is nothing like the $25 billion number that gets bandied about.
The same is true for all of the big players. If this is the "next big thing" then why aren't we hearing anything about revenue? My question is this: When was the last time you heard of a company hiding success? Cloud computing revenue numbers are like real sales figures for every table not named iPad: dirty little secrets that are kept quiet. This can't be good.
There are so many IT buzzwords that have come and gone, and I fear that this is another one. Remember push? That was the next big thing. How about thin clients? Time and time again the buzzwords get all the press, but what keeps selling is desktop pc's, servers, and software...