Prognosis: Cloudy with SAAS

Most of the IT industry recognized the power of cloud and grid computing. Next generation of SAAS applications is already drastically increasing business performance and offers unimaginable information integration, fusing with new and existing applications, leveraging newest social communication platforms and professional services. This new wave of global IT infrastructure is rapidly changing the way the users work, think and collaborate. New web technologies like HTML5 and sophisticated JavaScript libraries are providing rich user interfaces which perform like classical desktop systems and in combination with scalable and flexible architecture open new possibilities for better, faster and more controlled integration of information sources. This brings some challenges and issues which must be addressed before potential information loss, security vulnerability or unintended sharing. How will next generation of software look like and where is it shifting to? Several answers are emerging, let's take a look.