The document is the Asia Cloud Computing Association's 2012 Cloud Readiness Index, which ranks Asian economies on their readiness for cloud computing. It summarizes the Index results, showing Japan, Korea, and Hong Kong as the top three. It also discusses changes from 2011, such as Singapore falling due to lower data privacy scores. The document outlines the methodology used to evaluate countries on various attributes like data privacy, broadband access, and data center risks that affect their ability to adopt cloud computing.