Jeff Kagan, an independent industry analyst, said it might be premature in declare the Cloud 1.0 as over.
"The cloud is growing faster than we imagined a few short years ago but that does not mean all the problems we worried about a few short years ago are now solved," Kagan said. "Most enterprises today are not able to sort their mountain of data and information yet. This mountain of information can either be a gold mine or just a big mountain depending whether you can sort and access what you have."
Perez said the cloud may be moving into the 2.0 era and he's looking forward to what this might mean for the enterprise.
"We've just started that timeline," he said. "Cloud 1.0 has just ended. I think we have started Cloud 2.0 but there's still more to come."