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Microsoft's Windows Azure Platform is a cloud platform offering that "provides a wide range of Internet services that can be consumed from both on-premises environments or the Internet"
Reference: https://www.microsoft.com/windowsazure/
Cloud Sites is a cloud platform offering, similar to traditional web hosting only built on horizontally scalable hardware infrastructure. The Rackspace Cloud is a web application hosting/cloud platform provider ("Cloud Sites") that bills on a utility computing basis.