Your organization is exploring options to optimize IT operations in order to increase agility and reduce capital expenditures. You've been asked to provide a concise explanation of cloud computing to the team. Which of the following statements would you present to accurately define the essence of cloud computing?
Cloud computing refers to distributed computing over a network and provides the ability to run a program or application on many connected computers at the same time.
Cloud computing is primarily focused on providing powerful personal computing software exclusively through web browsers, enabling applications to run remotely.
Cloud computing is a subscription-based service where you can obtain networked storage space and computer resources without describing how these tech resources are shared or managed.
Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources that can be rapidly provisioned and released with minimal management effort or service provider interaction.