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Users can self-provision
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Located on-premises
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Elastic and scalable
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Pay for only the resources you use
EXPLANATION
The five characteristics of a private cloud:
1. Scalable: High levels of utilization (e.g., through virtualization, and the size and maturity of data centers)
2. Accessible: IT customers can self-provision
3. Elastic: Appearance of infinite capacity on demand
4. Shared: Workloads are multiplexed, capacity is pooled
5. Metered consumption: Ability to pay for use with no commitment