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How are private clouds different from public clouds ?

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Private cloudsPublic clouds
A private cloud consists of computing resources used and exclusively owned by one business or organization.Public cloud refers to a common cloud service made available to multiple subscribers.
Private cloud resides on company's intranet or hosted data center where all the data is protected behind a firewall.In public cloud, the same hardware, storage, and network devices are shared among the cloud tenants.
Private clouds are often used by government agencies, financial institutions, any other mid to large-size organizations with business-critical operations seeking enhanced control over their environment.Public cloud deployments are frequently used to provide web-based email, online office applications, storage, and testing and development environments.

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