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What term describes the on-demand delivery of IT resources and applications over the internet with pay-as-you-go pricing?

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Cloud computing

Cloud computing allows users to access massive processing power without owning physical servers, much like how we pull electricity from a grid rather than running our own generators. It is categorized into three main types: Infrastructure (IaaS), Platform (PaaS), and Software (SaaS).

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  • What term refers to accessing IT resources over the internet with a pay-as-you-go pricing model?

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