Final answer:
Storing software and data on distant, interconnected computers is known as cloud computing, which provides scalable resources and efficient solutions for handling extensive amounts of data.
Step-by-step explanation:
Storing software and data on gigantic collections of computers located away from a company's principal site is referred to as cloud computing. This involves a range of services provided over the internet, allowing users to store files and use software without having to manage the physical servers or storage devices. Cloud computing offers scalable resources and has the capability to handle users or devices simultaneously, making it a technologically advanced and efficient solution for businesses and individuals alike. An example of cloud computing would be storing a large amount of experimental results on the molecules and their motion which could be accessed and computed through a variety of computing resources pooled together across the internet.