This document provides an overview of cloud computing applications currently available and potential future applications. It defines common cloud computing models including Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). Examples are given of companies using cloud services for billing systems, quoting systems, and data analysis. Benefits include scalability, lower costs, easier collaboration, and the ability to focus on core business needs rather than IT infrastructure. The future of cloud computing is predicted to include fewer organizations maintaining their own infrastructure and more ubiquitous access to computing resources from various devices.