The document discusses Software-Defined Networking (SDN) and its promises, including rapid innovation, vendor choice, and simplified operations, while distinguishing that SDN is not synonymous with network virtualization. It explains network virtualization as the decoupling of services from physical networks, offering operational simplification and rapid provisioning akin to virtual machines. Ultimately, while SDN can enhance network virtualization, it is not a prerequisite for it, allowing for greater flexibility and efficiency in network management.