The document discusses the service and deployment models of cloud computing. There are three main service models: Infrastructure as a Service (IaaS) which provides basic cloud infrastructure; Platform as a Service (PaaS) which provides developers platforms to build applications; and Software as a Service (SaaS) which provides users access to applications through a web browser. There are four deployment models for cloud services: public cloud which is provided by third-party cloud providers; private cloud which is operated solely for a single organization; community cloud which is shared by specific organizations; and hybrid cloud which uses a combination of public, private and community cloud models.