This document discusses cloud computing, defining it as IT capabilities provided over the internet on demand. Key characteristics include resources being accessible over the internet, shared among multiple tenants, scalable/elastic, and paid for on a "pay as you go" basis. Examples are given like Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). Benefits mentioned are speed of deployment, ability to quickly scale up or down, and low initial costs. Potential risks discussed include lack of architecture overview and integration between services, as well as business continuity challenges with multiple providers.
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