Does the 'private cloud' make sense?

Last week Jason Bloomberg of ZapThink wrote a funny, cutting piece that was meant to rip the notion of the private cloud to shreds.

I actually found myself agreeing with some of it -- but not with the blanket conclusion that "private clouds suck."

Source: http://www.infoworld.com/t/cloud-computing/does-the-private-cloud-make-sense-194683?source=rss_infoworld_blogs

AVNET BHARTI AIRTEL BT GROUP CANON MEMC ELECTRONIC MATERIALS