Cloud computing taking big leaps recently

Anyone who uses Google Docs knows about the recent change to Google Drive. Now if you have a Google account you are entitled to 5 free gigs of cloud space. Pretty impressive when you consider how many millions of people will have access to this. That's a ton of data that has to be stored somewhere remember.
Now today at an earnings conference Oracle's CEO spoke of a large announcement in the next week.

In the company's earnings release, Larry Ellison, Oracle CEO, said the company would announce new features soon.

 "A little more than a week from now we will announce lots of enhancements to the Oracle Cloud," Ellison said.

Google will really have a great product with the integration of Google Docs. They will most likely take on a business model similar to Box, charging for customized and large file storage systems. Oracle will also be "outsourcing hard disk" in a similar fashion more than likely. Let's not leave out Microsoft Roll-out of Windows 8 with Sky Drive in October.

Seems like a good time to be in the cloud computing business.