via liquidweb.com => original post link
Private cloud is when a single business entity or end-user has sole access to the hardware and software resources designated in a specific cloud computing environment. Private cloud is similar to other forms of cloud environments in that it offers virtualized resources via physical components. Private cloud environments can be hosted at an organization’s on-site data center, although more organizations are turning to third parties that either act as a colocation facility or are providers of hosted private cloud services.
Cloud computing has benefits for numerous types of organizations, but as is the case with many new and powerful technologies, it is easy for those considering adopting the cloud to get caught up in the hype that surrounds it.