"According to the company, 64 percent of surveyed firms are increasing their SaaS cloud spending this year. 37 percent said they are spending more money on IaaS and 22 percent on PaaS."
In the meantime cloud company by cloud company get hacked and people loose their data place in the systems that the cloud company's provide! Spendings on security seems to be nill and until there is a secure enough system any sane person would avoid them! Placing all eggs in one basket thats available 24/7 to anyone with very good hacking skills is not a place i would put my faith in and seeing how company after company gets hacked its all the proof any enlightened person need to see the cloud will fail until the security issues have been resolved (likely never will!)