Final answer:
The correct answer is (a) Cloud Computing, which allows for the storage and processing of data remotely in third-party data centers.
Step-by-step explanation:
The term that refers to shared pools of configurable computer system resources and higher-level services that can be rapidly provisioned with minimal management effort, often over the Internet, is Cloud Computing.
Cloud Computing enables users and enterprises to store and process their data in third-party data centers. It offers scalability, flexibility, and cost savings as opposed to owning and maintaining physical servers and infrastructure.