What is Erlang?
Erlang is a programming language used to build massively scalable soft real-time systems with requirements on high availability. Some of its uses are in telecoms, banking, e-commerce, computer telephony and instant messaging. Erlang's runtime system has built-in support for concurrency, distribution and fault tolerance.
What is OTP?
OTP is set of Erlang libraries and design principles providing middle-ware to develop these systems. It includes its own distributed database, applications to interface towards other languages, debugging and release handling tools.
Reference: http://www.erlang.org/
