James Staten, a researcher with the organisation, made the comments in his latest blog post examining the top ten predictions for cloud computing and businesses over the next 12 months.
While the cloud computing market and transparency, security and best practices surrounding the market have matured, there is still plenty of opportunity for growth in the sector, he explained.
In his blog, the analyst said: âWeâve all lived through market transitions like this one before but probably have forgotten that we were teens when the technologies we helped cement in place during that year were too.
âCloud computing wonât play out exactly like client-server or the Internet era did, but there are strong similarities and the early years were the most painful.â
A recent survey by Gartner revealed that cloud computing is the top priority for many chief information officers working in the financial services sector.
Peter Redshaw, managing vice-president at Gartner, said that cloud computing is set to move into the heart of business and will allow banks to be more creative with their processes.
By Jim Ottewill