Apache Beam is a unified programming model for batch and stream processing that allows data processing pipelines to be executed across various backends using different runners, such as Apache Flink, Spark, and Google Cloud Dataflow. It provides a portable and extensible framework with features like event windowing, triggers, and custom input/output sources, enabling real-time processing and advanced data manipulation. The document outlines the Beam programming model, various SDKs, example use cases, and the evolution of the technology within the Apache ecosystem.