What technology allows users to access and manage software applications online without needing to install them locally?

The correct answer is cloud computing technology, as it encompasses a range of services that allow users to access and manage software applications over the internet, rather than requiring local installation on a device. This model enables flexibility and scalability, allowing users to access applications from anywhere at any time, as long as they have an internet connection.

Cloud computing provides hosted services and applications that are managed in data centers, which alleviates the need for individual users or organizations to handle software updates, maintenance, or infrastructure management. This significantly lowers the barriers to entry for using sophisticated software, allowing for easier access and collaboration across different devices and locations.

In contrast, virtualization technology primarily focuses on creating virtual versions of hardware or software, not necessarily providing direct access to applications online without installation. Remote server technology involves accessing a server from a remote location, but it may still require specific setups or configurations. Web hosting technology allows websites to be accessible on the internet but does not specifically address the access and management of software applications like cloud computing does.