Earlier quoted context omitted.
I know it's a controversial opinion. And probably not even true in a lot of cases... but I'm glad it sounds like I'm out in left field. The echo chamber needs a devil's advocate and sometimes the resulting discussion gets interesting enough that I question my original beliefs. In this case I believe owning my hardware is cheaper for me because I already do. I might be a rarity though, or just old fashioned and wrong
Your opinion isn't really that original. There are plenty of old-school sysadmins who will insist that the cloud is a hoax. They'll fight tooth and nail to avoid it. Eventually, someone fires them and moves to the cloud with significant savings. There are some scenarios where it makes sense to run bare metal, but they're few and far between. If you've evaluated the (capital, operational, and human) costs of cloud vs.…
Significant savings is not something you get from the cloud unless you were massively over-provisioned with your hardware. In nearly every case I've seen, moving an equivalent workload to the cloud has resulted in more costs for the same size workload. But the company still made the decision to do it because it was less stuff to worry about and it made expanding that much quicker.
You pay a premium for the flexibility of the cloud.