I managed a deep learning team at Capital One during the period when they dropped their own data centers and moved completely to AWS. I am 100% sure that they made the right decision. My current company also uses AWS. With modern corporate infrastructure with micro services, and buying vs. building many 3rd party services, it can make sense to go all in on Cloud.
Personally, I miss the days of monolith web applications that were relatively easy to host on a leased server. I continue to be a big fan of Hetzner and their hosted servers as well as their VPSs are very reasonably priced. Another thing that I like about Hetzner, OVH, etc. is that their bandwidth costs are also very reasonable so moving databases and monolith web applications to a similar service does not have to be a big deal.
I think that each company’s needs have to be assessed separately.
Personally, I miss the days of monolith web applications that were relatively easy to host on a leased server. I continue to be a big fan of Hetzner and their hosted servers as well as their VPSs are very reasonably priced. Another thing that I like about Hetzner, OVH, etc. is that their bandwidth costs are also very reasonable so moving databases and monolith web applications to a similar service does not have to be a big deal.
I think that each company’s needs have to be assessed separately.