The presentation introduces Platform as a Service (PaaS) and key concepts like containers, Docker, CoreOS, and Kubernetes. It discusses essential PaaS elements such as load balancing, auto-scaling, multi-tenancy, and cloud bursting. The presentation then demonstrates Apache Stratos, an open source PaaS framework, and how it supports Docker containers, integrates with CoreOS and Kubernetes, and provides features like auto-scaling and load balancing.