This document summarizes a webinar on cloud computing hosted by Sand Hill Group on September 16, 2010. It features presentations from cloud computing leaders M.R. Rangaswami and Kamesh Pemmaraju of Sand Hill Group, Otavio Freire of openQ, and Neil Fox of Ness Technologies. The webinar discusses identifying the business value of cloud computing for customers and vendors based on research including a survey of 511 IT executives and 40 confidential interviews. It also summarizes Ness Technologies' cloud assessment process to help companies determine their cloud readiness and considerations for moving applications and workloads to the cloud.