What is a Public, Private and Hybrid Cloud?

Cloud storage is based on the principle of storing objects rather than files. Private Clouds are most often owned completely by the organization, while Public Clouds are owned by a third party that rents capacity monthly to the organization. To protect and secure content replication occurs between two instances of a Private Cloud or using a multi-cloud solution that stores objects to two different Public Clouds. A Hybrid Cloud stores objects to both a Private and Public Cloud for the same reason and possibly to reduce egress fees if data is frequently accessed.