Speaking as the chief architect for solutions that are deployed on the cloud for financial services, this is not true. There is a point at which the infrastruct

Speaking as the chief architect for solutions that are deployed on the cloud for financial services, this is not true. There is a point at which the infrastructure to manage the infrastructure becomes more expensive than the hardware and the network. Regulatory compliance especially PCI and HIPAA become very difficult to manage. Downtimes percent risks to large strategic customers. At that point the cloud comes in to atone because of the ability to scale completely dynamically and the capability for automation.