This is certainly true for the common case, but there are certain types of workloads where dedicated is the only way to go. Where I work we were doing a bunch o

This is certainly true for the common case, but there are certain types of workloads where dedicated is the only way to go. Where I work we were doing a bunch of compute heavy work and we started out on EC2 and recently switched to dedicated hardware, which resulted in a 30-50x performance/price increase.