Private cloud is a term that refers to a system implemented locally on your own network, that provides all of the software, file storage and applications that you business uses. The hardware systems, networking, and computers are located and accessible within your own premises, and the primary systems that are used are kept at your own locations.
This method of providing software and data storage for a business relies on hardware and software installed on premises and on the businesses own networking infrastructure.
This option keeps all of your information and hardware secure at your own location, but also makes the business responsible for maintenance and upkeep of the hardware and software that provides the services. This can require constant intermittent attention to the systems and updates necessary to keep the applications and systems operational.