I have gone through private cloud documentation. After setting up all fabric, cloud is created simply by going through "create cloud wizard" From then on, Hosts or cluster hosts and are being placed into that cloud. We are creating various Profiles, VM template, and service templates enabling to follow IT Service deployment to use these Profiles, VM template, and services templates for the ease of deployment.
My question is that, what that cloud is contributing here? Without creating cloud, yet we should be able to create Profiles, template, and services for reuse afterwards. Resource are still available to create VMs from clustered hosts without creating "Cloud". what is the difference Cloud is making on top of virtualization?
Please help clarifying this "cloud" concept.