A company wants to set up an application without needing to buy hardware. Which of the following would be the BEST solution?

On-site-hosted solutions require the company to buy, install, and manage all necessary hardware on its own premises.

Cloud-hosted solutions involve deploying applications on infrastructure managed by a third-party cloud provider, which means the company avoids purchasing, installing, and maintaining its own physical hardware. This model allows for scalability and reduces upfront capital expenditure on infrastructure, making it ideal for hardware-free setup.

Locally installed applications mean the software is installed directly on individual user devices, which still requires purchasing the client hardware.

Local network-hosted applications require the company to buy and maintain server hardware on its internal network to host the application.