Shifting to Cloud Services: Current Challenges and Future Opportunities

Abstract

The First Law of Technology certainly applies to cloud computing: “we invariably overestimate the short term impact of new technologies, while underestimating their long-term effects” (Naughton 2008). In his work on the future of the Internet, John Naughton makes a strong case for this law (Naughton 1999). It is clear that if the much hyped take-off period from 1995 ended in the bursting of the “e-business bubble” in 2000–01, all predictions of its impact now have to go way beyond the technology and hi-tech sectors, into widespread social, economic, and indeed global impacts (ECISM 2009).