Things got real when mainstream developers jumped on board. With the capacity to provision development environments on demand, Software Development Lifecycle (SDLC) was turned inside out. The agile revolution meant that in-house shops would begin to build and deploy the way millennials (children) consumed; quickly, without a need for oversight, meeting immediate needs with little consequence for big picture implications. And that was a good thing, really.
Cloud Computing is still, easily the highest rated topic in current technology design, implementation, and control. No successful enterprise will circumvent the use of virtualization. In fact, it is unlikely that any business today can accurately claim to be virtualization free, which makes understanding the risk model all the more critical.