This document discusses cloud IT service management (ITSM). It begins with introducing cloud computing and ITSM individually. It then explains cloud ITSM as ITSM solutions in the cloud, specifically software as a service (SaaS) ITSM. The document lists some key attributes and benefits of cloud ITSM such as lower costs, easy scalability, and allowing companies to focus on their business rather than technology. It also addresses some myths about cloud/SaaS and provides examples of SaaS ITSM solution providers such as assyst.