There's a fake believe in my company that all the data must be on premise because of privacy concerns. We've never used cloud services and we do not want to us

There's a fake believe in my company that all the data must be on premise because of privacy concerns. We've never used cloud services and we do not want to use it. Some are saying it's a matter of costs, but you know? For a dual node server (hot standby) we were asked 120K € + 50K € only for configuration fees.