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    <term>infrastructure as a service</term>
    <description>Cloud infrastructure services, also known as "infrastructure as a service" (IaaS), deliver computer infrastructure  &amp;dash;  typically a platform virtualisation environment  &amp;dash;  as a service, along with raw (block) storage and networking. Rather than purchasing servers, software, data-center space or network equipment, clients instead buy those resources as a fully outsourced service. Suppliers typically bill such services on a utility computing basis; the amount of resources consumed (and therefore the cost) will typically reflect the level of activity.  (Excerpt from Wikipedia article: Infrastructure as a service)</description>
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