Final answer:
A colocation center is a data center where businesses can rent space for their computing hardware, offering physical infrastructure as opposed to cloud computing's virtual services.
Step-by-step explanation:
The answer to the question you've asked is a colocation center. A colocation center is a type of data center facility where multiple businesses can rent space for servers and other computing hardware. Typically, these facilities offer robust connectivity, power, cooling systems, and security measures. Unlike cloud computing, which is service-based and allows for the sharing of software and digital resources over the Internet, a colocation center provides the physical space for the company's own hardware.
Colocation centers often resemble bunker-like facilities and are well-equipped to handle the demands of various businesses' IT infrastructures. Companies usually pay a monthly subscriber fee to house their servers and network equipment within these centers.
The technologies mentioned like Cloud Storage, Collaboration Platforms, and Word Processors all provide different means of electronic conferencing and collaborative work, which can be utilized over the internet and are often complementary to the infrastructure provided by colocation centers.