The hyperbole-to-reality ratio that currently surrounds cloud computing is the biggest this ratio has been since the initial development of ATM. The main difference between these two ratios is that when ATM was first being discussed there were agreed to definitions as to what was meant by ATM. That is not the case with cloud computing.

This is the first of two closely-linked reports the goal of which is to reduce the hyperbole-to-reality ratio that currently surrounds cloud computing and hence enable IT organizations to rationally plan for its implementation and adoption.

This is the second of two closely-linked reports on the topic of cloud computing. The first report identifies the value proposition, the goals and characteristics of a cloud computing solution. That report also provides an overview of existing cloud computing solutions, including some representative pricing and service level agreements.

This document identifies the current and planned use of public and private cloud computing solutions. It also identifies the risk associated with cloud computing