Cloud Model and Principles Project - the following are predictions from the team.  Please review, edit, enhance, clarify and contribute additional material.

• Traditional IT related responsibilities will move from IT to business units as a result of the transition to cloud and business unit decision making control over cloud services.
• Governments will regulate cloud use to address privacy and confidentiality concerns for critical infrastructure organizations.
• Security for people, process and technology will become an increasingly important differentiator among cloud service providers.
• Organizations will increasingly rely on third party audits to gain assurance for cloud services. There would be some trust scheme similar to that of PKI and a clear standard for these third party audits to be trusted.
• While standards will be developed to address the need to provide data portability and to avoid cloud service lock in, larger cloud will cooperate in moving tenants between service providers.
• Technical audits of cloud providers will increasingly be conducted real time.
• Incidents will result in increased operational losses due to a lack of planning and inconsistencies between tenant and supplier incident response and continuity plans and capabilities.
• Because of the increased cost of incidents, organizations will spend more time on business continuity plan integration with suppliers.
• Organizations that focus primarily on cost reduction will not receive the full benefit of cloud computing.  Organizations that consider process integration and confidentiality, integrity and availability will be rewarded with increased market share and savings.
• New roles will develop in business units to address the need for expertise that combines understanding information technology and business process.  Individuals in these roles will be responsible for translating business need into cloud services strategies.
• Cloud services will transition from a period of confusion where responsibilities and accountabilities between tenants and suppliers and not clear and governance mechanisms for cloud not well understood to business as usual as best practices evolve and are accepted within the market.
• Risk for cloud services will be undertaken as management of supply chain risk.
• Risk for organizations will increase as cloud as internal processes lag cloud adoption.
• Cloud will be leveraged to address new service offering requirements or to supplement existing business unit offerings as cloud is seen as providing better service capabilities for less cost.
• Organizations that initially eliminate or significantly reduce IT staff as they leverage cloud capabilities will reconsider this position because of an internal need for better project management and to support business units.
• Cloud integrators will become an important component of the cloud ecosystem.
• Mobile user demands will drive cloud adoption and service evolution
• CIOs will focus on the development of service cost models to determine the true cost of services to assist business units in making cloud decisions.
• Organizations that focus on cost reduction and speed to market without paying sufficient attention to cloud governance and process integration will experience more frequent and costly operational losses from incidents.
• Cloud providers who focus on cloud governance and security will gain market share as governance, security and continuity will become market differentiators.
• Cloud suppliers will experience increased attacks from sophisticated cyber gangs.
• Developing markets will be slower to adopt cloud services because of a lack of experience with outsourcing.
• Cloud computing will level the playing field between small and medium organizations and larger organizations.
• CIOs will seriously consider cloud computing as a means of managing capacity and to stay current with technology trends.
• Security product vendors will enter the managed security service market.
• IT will increasing take on the role of service and process integrator.
• Distinctions between traditional and cloud solutions used by organizations will become less evident as cloud is leveraged to provide more granular computing and storage services.
• Organizations will focus on core business services and leverage cloud for strategic advantage.
• National regulations for the protection of PII will become less important as international standards evolve.