This document discusses storage for compute clouds. It features speaker Steve Kenniston from IBM who is responsible for storage optimization technologies. The moderator is Jon Toigo who analyzes storage infrastructure. The document discusses how IT models are shifting to smarter computing through converged infrastructure. It defines public, private and hybrid clouds. It outlines IBM's storage cloud offerings including storage for compute clouds and standalone storage clouds. It discusses what clients are asking for in terms of improving utilization, reducing costs, and accelerating processes. Finally, it discusses what cloud means for storage users in terms of flexibility, scalability, accessibility and efficiency.