Earlier quoted context omitted.
Some orgs are looking at moving back to on prem because they're figuring this out. For a while it was vogue to go from capex to opex costs, and C suite people were incentivized to do that via comp structures, hence "digital transformation" ie: migration to public cloud infrastructure. Now, those same orgs are realizing that renting computers actually costs more than owning them, when you're utilizing them to a signif…
i would imagine that cloud infrastructure has the ability for fast scale up, unlike self-owned infrastructure. For example, how long does it take to rent another rack that you didnt plan for? And not to mention that the cost of cloud management platforms that you have to deploy to manage these owned assets is not free. I mean, how come even large consumers of electricity does not buy and own their own infrastructure…
They sure do? BASF has 3 power plants in Hamburg, Disney operate Reedy Creek Energy with at least 1 power plant and I could list a fair bit more...
>For example, how long does it take to rent another rack that you didnt plan for?
I mean, you can also rent hardware a lot cheaper then on AWS. There certainly are providers where you can rent out a rack for a month within minutes