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With the IT industry and cloud computing now maturing, it is only natural to adopt a mix of modern business models like shared-services and value-based pricing. Implementing a combination of various business models can help the users take advantage of a \"Best of breed\" implementation strategy that pays off with double-digit savings. However, IT organizations adopting hybrid business models including traditional, private, managed, and public cloud models should look out for the possible pitfalls. This paper discusses the key considerations and best practices for traditional IT organizations and service providers on the way to becoming external cloud service providers.
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