At my company, we've considered switching to MinIO from S3 because it would allow us to host data on prem and potentially have higher upload speeds than S3 (alt

At my company, we've considered switching to MinIO from S3 because it would allow us to host data on prem and potentially have higher upload speeds than S3 (although we haven't tested that). To your original point though, unless you have a compelling reason to not want to upload your data to servers you don't control, I agree that your best bet is just to use a cloud storage solution.