The document discusses the benefits of a hybrid cloud model that combines Office 365 and a private cloud. It describes the different types of clouds including public, private and hybrid clouds. It provides an overview of Office 365 and the products it includes, and discusses how a hybrid solution allows for integration between Office 365 and a private cloud deployment of SharePoint. The document emphasizes that a hybrid model provides the best of both worlds by allowing organizations to host some workloads in Office 365 while maintaining control over sensitive data and applications in a private cloud.