The document discusses how cloud computing is becoming ubiquitous and commonplace. It notes that terms like "digital camera" and "cloud computing" were once novel but are now widely used and understood. It suggests mobility, social interaction, and big data are the new disruptive technologies. The document discusses how the cloud enables elastic capacity and connectivity to real-world data. It envisions a future where data and algorithms provide discovery rather than just responding to queries, and where products become data collectors. The document discusses challenges of data privacy, connectivity enabling new attacks, and how technology trends oppose governance goals. It argues platforms enable massive cost savings over legacy IT models by sharing resources and enabling faster innovation.