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Jack is considering to replace his company's customer relationship management (CRM) solution with a new product that is available in the cloud. This new solution

Jack is considering to replace his company's customer relationship management (CRM) solution with a new product that is available in the cloud. This new solution is completely managed by a service provider and Jack's company will not have to write any code or manage any physical resources for this new project. Which type of cloud solution is being referred to in the given scenario

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