This document discusses cloud computing and its potential impacts and challenges for the Asia-Pacific region. It defines cloud computing and the service models of SaaS, PaaS, and IaaS. Case studies are presented showing how cloud computing can reduce costs and speed up deployment times. The document outlines how cloud computing may affect organizations through changes to IT governance, security needs, and staff roles. Challenges for cloud adoption in APAC include regulations around privacy and jurisdiction, international bandwidth limitations, and access to skilled technology workers.