There has been a lot of developments in the cloud computing space with new offerings coming out and the concept being increasingly debated in and outside of the enterprise. The announcement of Ray Ozzie's departure from Microsoft and the resulting departure memo he circulated within Microsoft is a must read. He talks about his vision and what Microsoft's vision needs to be and the reasons for all these can be found in this link. This piece of text i being increasingly read and being debated, here is the link:
I found the memo very interesting and gave points to ponder being a developer/consultant in the Microsoft BI space.