RAID (Redundant Array of Independent Disks) is a storage technology that combines multiple disk drive components into a logical unit. It provides data integrity, fault tolerance, and increased performance or capacity compared to a single drive. There are different RAID levels that implement striping and mirroring of data across physical disks in various ways to achieve different balances of performance and data reliability. Common RAID levels include RAID 0, 1, 5 and 10. The document discusses these RAID levels and their advantages and disadvantages for different use cases and applications like servers, databases and workstations.