UrbanCode Deploy is an application release automation tool that provides visibility, traceability, and auditing for deployments across distributed, cloud, and virtual environments. It handles the "what", "how", and "where" of deployments by defining components (deployable items) and processes, and targeting resources (environments like servers and databases). Key concepts include components, applications, resources, environments, agents, and plugins. Components represent deployable items and processes, applications coordinate multi-component deployments, resources are targets, and agents facilitate deployments on resources.