“There is a lot of hype. We think about the cloud as the next evolution in computing,” said Cisco Chief Technology Officer Padmasree Warrior. “It’s a way of abstracting the services and applications from the physical resources and using a more on-demand layer.”

Warrior believes that cloud computing will evolve from private and stand-alone clouds to hybrid clouds, which allow movement of applications and services between clouds, and finally to a federated “intra-cloud.”

See original post here: The future of the cloud.