> The more I learn, the more I believe cloud is the only competitive solution today, even for sensitive industries like banking or medical. I honestly fail to

> The more I learn, the more I believe cloud is the only competitive solution today, even for sensitive industries like banking or medical. I honestly fail to see any good reason not to use the cloud anymore, at least for business. Cost-wise, security-wise, whatever-wise. [emphasis mine] Most people here seem to point out cost and utilization. I would like to offer another perspective: security. I worked in both of these industries: finance ("banking", not crypto or PG) and medical (within a major hospital network). The security requirement, both from practical and legal perspectives, cannot be understated. In many situations, the data cannot leave an on-prem air-gapped server network, let alone use a cloud service. It costed us more to have on-prem servers as we need a dedicated real estate and an engineering team to maintain. Moreover, the initial capital expenditure is high -- designing and implementing a proper server room/data center with climate control, power wiring, and compliant fire extinguishing system are not trivial.