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Infrastructure as a Service (IaaS)

The capability provided to the consumer is to provision processing, storage, networks, and other fundamental computing resources where the consumer is able to deploy and run arbitrary software, which can include operating systems and applications.

Source: 

[NIST SP 800-145] Mell, P., Grance, T., The NIST Definition of Cloud Computing, NIST Special Publication 800-145, September 2011.

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