Which of the following scenarios BEST represents the utilization of Infrastructure as a Service (IaaS)?
A development team uses a platform provided by a third party to develop software products without installing local development tools
An organization deploys its data services within its own private cloud, managed internally by enterprise IT
A business uses a suite of office productivity applications hosted entirely by the cloud service provider
A company rents virtual machines and storage from a cloud provider, using their own applications on the rented servers