Final answer:
Storing software and data on remote server collections is known as cloud computing, which is different from offshoring or outsourcing.
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 concept differs from offshoring, which is the process of moving some of a company's operations overseas to access cheaper labor markets, and outsourcing, which involves hiring outside contractors to perform tasks a company once performed internally, sometimes in other countries. Cloud computing allows businesses to access their data and applications over the internet from anywhere, which can improve workflow and productivity.
Storing software and data on gigantic collections of computers located away from a company's principal site is referred to as databasing.
This process is known as offshoring or outsourcing. Offshoring involves moving some of a company's operations overseas to access cheaper labor markets, while outsourcing involves hiring outside contractors, sometimes abroad, to perform tasks that a company once performed internally.