This document summarizes the 2011 NMC Horizon Report: K-12 Edition. It outlines 5 contemporary trends in education including increased access to online resources and decentralized IT support. It also outlines 5 critical challenges such as the need for digital literacy and personalized learning. The report identifies 3 technologies to watch, including cloud computing and mobile devices in the next year, and game-based learning and open content in the next 2-3 years. It provides discussion questions to facilitate consideration of how these technologies can support teaching and learning.