1) The document discusses reducing IT infrastructure management costs through new approaches to service delivery such as externalizing more functions to managed service providers and cloud computing.
2) It provides an overview of the traditional IT environment versus cloud environments and examples of workloads that are good candidates for different cloud deployment models.
3) IBM's cloud and managed services offerings are presented including Infrastructure as a Service, Platform as a Service, and specific application services for areas like SAP, mobile, and security that can be delivered using cloud technologies.