Earlier quoted context omitted.
Getting the same performance out of AWS as a local mainframe is neither trivial nor cheap for a lot of the workloads these systems are running.
Getting stupefying amounts of I/O on AWS is as simple as turning a knob and getting out your credit card. The kind of throughput quoted in the article—48GB/s—is achievable on AWS for $250k/year, list price.
Whereas on mainframe the service processors can deal with it transparently to the CPU using specialized hardware.
And let's say it's financial transactions - fixed-point decimal arithmetic. On mainframe, that can be hardware accelerated too.