This document summarizes an OpenStack cloud presentation. It discusses: - The growth of cloud storage needs and costs - Rising revenues and earnings for cloud companies like AWS and Rackspace - The history and timeline of OpenStack starting in 2010 with over 140 organizations now participating - The core components of OpenStack including Nova, Swift, and Glance - Demonstrations of OpenStack architecture, Nova scheduling flows, and the Glance image service - Recommended resources for learning more and playing with OpenStack including downloads.