Balmer on #Cloud Computing: Microsoft is “all in”

In an interview with InformationWeek, Microsoft CEO Steve Balmer said his company is "all in" when it comes to cloud computing. He said that he sees "hockey stick" type growth that is taking off right now. From this article, "He added, however, that most lines of business software—industry-specific applications or transaction systems, for example—aren’t going to the cloud en masse yet. Platform as a service offerings, like Microsoft’s Azure, haven’t taken off. But with what he calls "information worker infrastructure"—think Exchange, SharePoint, and Office software—CIOs are ready to move quickly to the cloud."

Balmer seems to insinuate that cloud computing offers the same kind of sea change for high tech innovation that we saw with the explosion of the Internet in the mid-90’s.