The document discusses the implications of cloud computing for enterprises. It describes how cloud computing represents a major transition similar to the Industrial Revolution. Progressive organizations are viewing IT as a suite of services and adopting hybrid on-premise and off-premise models. The cloud will cause organizations to change how they structure their IT departments and responsibilities. Data protection will become more important than process control as services are sourced externally. The document argues that we are currently in the transition period to an information-based economy that will reshape how people live and work.