Cloud computing allows users to access software, storage, and computing resources managed by third parties remotely via the internet. There are three main cloud service models: Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). Private clouds are cloud computing platforms implemented within an organization's firewall and controlled by its IT department, offering security and control over data while providing cloud benefits. Building a private cloud requires researching needs, acquiring infrastructure, training staff, and testing in a non-critical environment before full deployment. Managed private clouds are single-tenant private clouds hosted and managed by a third party.