Back in May The Economist hosted a debate on cloud computing: 
Big companies have embraced the cloud more slowly than expected. Some are holding back because of the cost. Others are wary of entrusting sensitive data to another firm’s servers. Should companies be doing most of their computing in the cloud?
It was sponsored by Microsoft, who larded it with typical cloud marketing happy-talk such as:
The Microsoft Cloud creates technology that becomes essential but invisible, to help you build something amazing. Microsoft Azure empowers organizations with the creation of innovative apps. Dynamics CRM helps companies market smarter and more effectively, while Office 365 enables employees to work from virtually anywhere on any device. So whether you need on-demand scalability, real-time data insights, or technology to connect your people, the Microsoft Cloud is designed to empower your business, allowing you to do more and achieve more.