CAMBRIDGE, Mass. — While cloud computing is bringing enormous power to large and small organizations, the hype around the trend is "over blown," says Forrester VP and Principal Analyst Frank Gillett.  I interviewed him on Wednesday afternoon on the MIT campus.

He told me that the whole movement has lead to "cloud envy" with
companies branding existing services by "cloud washing" — using "cloud
spray," he says. 

Earlier this month he published a report on the subject.

Seems like Oracle CEO Larry Ellison is one of big skeptics over the cloud gazing, as Dan Farber over at CNET News.com writes tonight.  Dan moderated a panel on cloud computing earlier this week at Technology Review EmTech conference. 

Larry Dignan at ZDNet wrote earlier this month that cloud computing as a term has become meaningless.

— Andy Plesser, Executive Producer