Comment Re:AWS is too expensive (Score 2) 142
We just did a 3 year reserve on a few instances, it makes the cost about 1/3 the price of their on demand. Sure the cost on paper is still a bit more than dedicated for hardware alone but the chances of hardware failure, internet outages, etc has a way higher chance than AWS going out. We ran servers internally for years and switched to AWS 3 years ago, we would never go back to running internally again.
Basically I think it boils down like this - small to medium sized businesses "cloud computing" is probably more viable. When you start getting to large businesses and corporations it may be more viable to run internally.