This document discusses cloud computing and Amazon Web Services. It defines cloud computing according to Gartner and outlines the key benefits including elastic capacity, faster time to market without initial investment, pay as you go pricing, and ability to focus on your core business. Success stories from companies like Zynga, Netflix, and Animoto are provided. Examples are given of how risk management and web startup companies can benefit from AWS. Common myths about cloud computing are debunked. The document concludes with instructions on getting started with AWS by creating an account and learning the basics.