This presentation defines cloud computing and cloud services. It outlines that cloud computing delivers computing resources over a network as a service, while cloud services provide any resource or service over the Internet. The presentation discusses the three cloud service models of SaaS, PaaS, and IaaS and highlights key advantages like cost savings and increased storage, as well as disadvantages such as network connectivity and data security issues. It concludes that startups, small and mid-size businesses, and large enterprises are all using cloud services today.