The Cloud providers made a lot of sense to finance departments since aside from the promised savings, you would take that cloud expense now and lower your tax rate.
After the passing of the One Beautiful Bill ("OBB"), the law allows you to accelerate CapEx to instead expense it[1], similar to the benefit given by cloud service providers.
This puts way more wind on the sails of the on-prem movement, for sure
[1] https://www.iqxbusiness.com/big-beautiful-bill-impact-on-cap...
It seems the main issue is that everyone is anchored to AWS so they have no incentive to reduce their prices. Probably same for Azure. I think Google is just risky because they kill products so easily.
That was part of the reason.
The real reason was the internal infrastructure team in many orgs got nowhere. There was a huge queue and many teams instead had to find infinite workarounds including standing up their own. The "cloud" provided a standardized way to at least deal with this mess e.g. single source of billing.
> A 1990s VP of IT would look at this post and say, what's new?
Speed. The US lives in luxury but outside of that it often takes a LONG time to get proper servers. You don't just go online. There are many places where you have to talk to a vendor with no list price and the drama continues. Being out of capacity can mean weeks to months before you get anywhere.
All teams will henceforth expose their data and functionality through service interfaces