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Public AND Private Cloud both have their place. Public Cloud?s appeal is in the cost model, and Private Cloud is simply a way for IT to gain some of the benefits like agility and maximized server utilization, without exposure to the security and data location risks. Cooperative Cloud from Logicalis is another example of a market offering that combines Private and Public, see details at http://www.ca.com/us/insights/collateral.aspx?cid=227646
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