The much-hyped cloud really is growing -- so quickly, in fact, that this year's New York conference is expected to draw 5,000 attendees, more than quadruple last year's crowd. Even President Barack Obama has called for a switch to cloud computing, because it can stretch the $80 billion budget for federal technology spending. And IBM recently nabbed a deal to create a cloud model for the Air Force, a chance to prove that the cloud can handle heaps of highly sensitive data. But you have to separate the interest from the reality: According to a recent Forrester survey, only 3% of companies have implemented cloud-hosted storage and servers. -- ACL

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