This document discusses the future of cloud computing. It begins with a brief history of computing evolution and the origins of the term "cloud computing." Key drivers that led to cloud computing include increased mobility, collaboration, interconnectivity, and pressure on companies' data centers. The document then discusses how cloud computing provides scalable IT resources as a service and how it will transform the IT industry. It provides several definitions of cloud computing and outlines trends like increased parallelism, virtualization, and outsourcing that enable and are driven by cloud computing. Finally, it outlines different cloud computing delivery models like Software as a Service, Infrastructure as a Service, and public versus private clouds.