CDS

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CDS is an acronym for the Common Data Service. It is a service for storing data in the could. It is the back-end to Model-Driven Apps and by that also to some of the Dynamics apps e.g. Dynamics Sales and Dynamics Customer Service (former CRM-parts in Microsoft Dynamics CRM).

External links:

Microsoft Docs: https://docs.microsoft.com/en-us/powerapps/maker/common-data-service/data-platform-intro