The document summarizes the OpenStack project which is an open source cloud computing platform. It discusses that OpenStack has over 330 contributors developing 185 features for its stable "Folsom" release. The development cycle involves design summits, feature milestones every 4 weeks, and a 6 month release cycle. A feature goes through a process of being designed, coded, reviewed, tested, and finally included in a release. The OpenStack Foundation supports developers through tools like Gerrit, Jenkins, Git, Launchpad, and DevStack.