If one does not hold the data, one does not own the data.
There are many industries where cloud computing is contemplated in the same stream of thought as seppuku.
Good observation. Cloudness might be able to get you more crunch power, but you may not want your data to just be in cloud and that’s it.
bump
anyway, it will be interesting to see what this is
However... the idea of farming out your data processing is not new. When computers were big and expensive and time sharing was first the rage, people often had their vital stuff living on leased equipment on other premises, accessed through dial-up. Cloud might or might not be that generalized. If you knew where your piece of cloud was guaranteed to be, that might help your confidence level.
Yup, who ever holds the data owns the data. If that cloud company needs cash, guess who will want to sell your data.
That would include whatever industry I'm in at any given time.