ServiceNow Third-Party Risk Management Practice Test

Understanding how software is delivered is what this item checks. A cloud-based solution is software provided from a service provider’s cloud infrastructure and accessed over the internet, with the provider handling hosting, maintenance, and updates. That description matches the option labeled as the cloud-based solution, which is why it’s the best fit for what the material describes. Open-source platform focuses on licensing and community development rather than where or how the software runs. On-premise software is installed and operated on your own hardware in your location, not over the internet. A hosted solution is run on remote servers managed by someone else, but the term cloud-based emphasizes scalable resources and internet delivery, which is what the material is highlighting.