The document discusses cloud computing and cloud service models. It defines cloud computing as hardware and software located in data centers that allows for remote storage, management and protection of data. It describes the concept originating in the 1960s and the pay-as-you-go model developed in the 1990s. The document outlines the main advantages as cost affordability, on-demand access, scalability and flexibility. It identifies the four types of cloud and describes cloud service models as Infrastructure as a Service, Platform as a Service and Software as a Service.