This document discusses cloud computing and provides an overview of IBM's perspective. It begins with an agenda that covers why cloud computing, what cloud computing is and isn't, how to adopt cloud computing, IBM's cloud portfolio, and closing. The document then discusses each agenda item in more detail. For example, it defines cloud computing, outlines its key attributes, and provides examples of workloads that may or may not be suitable for cloud computing. It also discusses IBM's approach to adopting cloud computing through structured assessment and implementation projects. Finally, it presents IBM's cloud deployment choices and examples of how cloud can improve test environments.