A private cloud is designed to offer the same features and benefits of public cloud systems, but removes a number of objections to the cloud computing model including control over enterprise and customer data, worries about security, and issues connected to regulatory compliance.
Private Cloud Security
A private cloud implementation aims to avoid many of the objections regarding cloud computing security. Because a private cloud setup is implemented safely within the corporate firewall, a private cloud provides more control over the company's data, and it ensures security, albeit with greater potential risk for data loss due to natural disaster.
The downside is private cloud ROI (return on investment): The organization implementing the private cloud is responsible for running and managing IT resources instead of passing that responsibility on to a third-party cloud provider.
Private Cloud Project
Companies initiate private cloud projects to enable their IT infrastructure to become more capable of quickly adapting to continually evolving business needs and requirements. Learn more about private cloud projects in this Webopedia definition.
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