Cloud makes economic sense in two scenarios. For startups that don't have a a clue what they will need because still searching for market fit so it doesn't mak

Cloud makes economic sense in two scenarios. For startups that don't have a a clue what they will need because still searching for market fit so it doesn't make sense to provision hardware not knowing what is needed. If you suddenly find market fit and usage grows 100x+ in a few months, you totally want to be on cloud. And in larger coporations, those that have extremely spiky usage. For example a company that has 90% of their usage at the end of each month, it doesn't make sense to own hardware to meet the peak load if it will be idle 28 days of the month. Most corporations are not in those two categories though! If you are not, you are vastly overpaying for compute, storage and network compared to owning your own hardware. It is sad that such companies are rushing to overpay for cloud just because it's hip. Objectively analyze your needs and usage and make a data-driven decision. Don't rush into cloud just because everyone else did.