This document discusses the growing adoption of cloud computing and SaaS applications. Some key points: - Cloud services are projected to reach 12% of overall IT spend within 2 years. 62% of large enterprises and 46% of medium enterprises have serious SaaS apps. - Cloud based solutions will grow 4x faster than traditional software by 2013. 70% of cloud investments are in SaaS currently. - By 2012, 20% of companies will not own any IT assets according to Gartner. - Azure provides an operating system for the cloud to build scalable and available applications and services. Azure offers patterns for ISVs to offer full SaaS or hybrid cloud solutions. - ISVs