The European Commission has just published a report entitled Advances in Clouds – Research in Future Cloud Computing where a Group of Experts provides a state-of-the-art view on cloud computing technologies, its position in and its relevance for Europe. The Group of Experts was conveyed in 2011 and includes representatives from major Cloud players, like IBM, NEC, Google, Alcatel-Lucent Bell Labs, France Telecom, Oracle, British Telecom, or T-Systems. The report brings valuable information for people defining Cloud Computing strategies, developing innovative research lines, or exploring emerging market opportunities beyond today’s Clouds.