The seminar report on cloud computing discusses its definition, history, architecture, and types of services, including SaaS, PaaS, and IaaS, emphasizing its paradigm shift towards internet-based resources. Cloud computing reduces costs and infrastructure risks while enhancing scalability and innovation, as it allows users to access computing power without the need for physical servers. The report highlights the trend towards cloud services, reflecting the increasing importance and impact of cloud computing on both individual users and organizations.