Final answer:
The service model in cloud computing where consumers install their own applications, including the OS, while the cloud provider manages the infrastructure is known as Infrastructure as a Service (IaaS).
Step-by-step explanation:
In the context of cloud computing, the service model described where consumers can install their own applications, including the operating system and any custom applications, while the infrastructure itself remains the responsibility of the service provider, is known as Infrastructure as a Service (IaaS). This model allows for a high level of flexibility and control over the computing environment, as users can manage operating systems, storage, and deployed applications, but they don't have to worry about managing the underlying cloud infrastructure like servers, network, and virtualization.IaaS provides virtualized computing resources over the internet, and it's one of the three main categories of cloud services, alongside Platform as a Service (PaaS) and Software as a Service (SaaS). Choosing IaaS can be beneficial for organizations that want to build and manage their applications and services but want to avoid the expense and complexity of purchasing and managing physical servers and datacenter infrastructure.