Comment Migration in both directions (Score 1) 92
There are plenty of companies where using the cloud (someone else's computers) isn't really a viable option. For example, think defence, or critical infrastructure (telecoms).
For everyone else, many existing businesses which grew up before the availability of cloud based solutions tend to dabble, move a few things off site, to achieve cost savings. They are likely to get burnt by problems stemming from lack of understanding of cloud infrastructure (migration between cloud vendors, that sort of thing), and so will over-estimate the savings from moving to the cloud.
By comparison, companies which are cloud-centric will see the move to own servers the same way, as a cost saving. They will under-estimate the cost of running their own hardware, especially when scenarios like disaster recovery are taken into account.
It's interesting that they both see moving to the other solution as driving cost savings
I think we're in that period of time when over-reliance on cloud services with the cost and vendor tie-in are hitting some businesses. It's the same as over-reliance on a DB vendor technology (i'm looking at you Oracle) drove many companies to explore alternatives. My guess is there will be a correction and there will always be space for both solutions to co-exist.