The document provides an overview of cloud computing concepts including definitions, characteristics, deployment and service models. It defines cloud computing as providing on-demand access to computing resources and applications over the internet. The key characteristics are on-demand self-service, broad network access, resource pooling, rapid elasticity, and measured service. The common deployment models are public, private and hybrid clouds. The main service models are Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS).