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More innovation because of cloud
Increased competition in the cloud space will give way to better products, services and innovation. This last point is a little counterintuitive for any of us that have read Geoffrey Moore’s book, Crossing the Chasm: Marketing and Selling Disruptive Products to Mainstream Customers. Moore writes that after a vendor establishes a new product or service, its pace of innovation drops. Moore suggests that this occurs because companies need to help their clients adopt the new innovative offering.
Moore named his book Crossing the Chasm after the phenomenon that refers to how companies need to become more like their existing competitors in order to achieve mainstream success. However, this is not what we have seen in the industry so far. In fact, the pace at which organizations are innovating appears to have sped up—at least from my perspective.
I noticed other trends in addition to the ones I have talked about here, but for these I did not see the data support the prediction. For example, there is the trend that says developers are becoming more important. I have always seen development as a key skill set, but I’m not sure that cloud will elevate its standing. You get the idea.
For more visit http://www.thoughtsoncloud.com/2014/05/future-cloud-computing-5-predictions/

A. Technology
Grid computing is a kind of distributed computing in which a single job is broken down into many smaller tasks using a network of computers. In contrast, cloud computing is an innovative kind of network-based computing in which each cloud user has access to a dedicated, individually virtualized instance of a shared infrastructure hosted by a single service provider.
B. Terminology
There are certain similarities between the two network-based computer systems, such as the ability to pool resources, but there are also significant differences in terms of design, business model, and compatibility. In order to complete a single activity, a group of computers from different locations work together in a ""grid."" The grid is a network for sharing resources among many users. Contrarily, ""cloud computing"" is a computer model that relies heavily on shared, centralised infrastructure served by a network of remote nodes.
C. Tools
Grid computing relies on a wide-area network to pool the processing power of computers in different cities, countries, or even across the globe. In cloud computing, providers' server clusters in their own data centres are pooled and managed as a single resource.
D. Research
Grids are computational networks that are geographically distributed and structured into virtual organisations with a large number of user groups for the purpose of tackling significant issues on the internet. Grid goes above computers and internet in terms of value. Conversely, cloud computing relies on a specialised group of programmers to oversee the whole system.
E. Service
In order to efficiently use a wide variety of computing resources, jobs may be organised using grid computing, in which a work is broken down into smaller assignments and assigned to each machine in the grid. When everything is done, the computer processes and controls everything and reports back to the main computer. In cloud computing, resources from several computers are pooled together into smaller, more manageable groups.
F. Technology
In the context of cloud computing, ""internet"" refers to the Internet and encompasses all aspects of computing that take place via the Internet. The cloud takes care of things like data storage, security measures, work queues, etc., by doing away with the limitations and hassles of procuring the gear and software required to build cloud-based services. Typically used in the realm of science, Grid Computing is capable of handling massive volumes of data for short-term projects over a large number of nodes.