Quote - As most companies like to have hard copies of things they can inventory and take stock of, I suspect that Cloud computing is just a fad, not a trend. I predict it will go the way of the paperless office.

Speaking as someone who works in an office with proprietory information...no way in hell the vast majority of businesses (or government bureacracies) would be willing to offload confidential information on to a web-based service. I wouldn't do it with the files I deal with, so could you imagine what a defense ministry or a security service would think of the idea?

Agent: "This is the Top Secret Eyes Only intelligence report for the President's meeting with the Chinese ambassador."

Supervisor: "How did you write this up?"

Agent: "Using the new word processor, why?"

Foreign Intelligence Agencies: "I love the cloud. Thank you! Buwahahaha!"