The document discusses modern application development in the cloud. It notes that companies are increasingly global and digital, requiring rapid innovation to maintain competitive advantage. It advocates building applications as secure, resilient microservices using serverless technologies as much as possible. The document recommends using infrastructure as code to model applications and infrastructure and continuous integration/delivery (CI/CD) to rapidly release high-quality features. It also stresses the importance of monitoring applications to optimize the end user experience and gain operational insights.