Moving Back to On-Prem Might Be a Mistake
While you may see the backlash of rising cloud computing costs, you should take a beat. Reminiscing about the low prices of on-prem might be a move backward. We can all be sentimental about the old days of tech, but do we want companies to go back in time? Below are a few reasons to keep moving on with the big leagues of emerging AI, ChatGPT, and Metaverse.
The Cloud vs. On-Prem
If we learned anything about the debate between the cloud and on-prem, it was at the Oracle Collaborate Conference in 2018. After five days of technology conference presentations, networking, and exhibit halls crowded with over 5,500 attendees worldwide, Oracle had one big push—the cloud. At the Women in Technology luncheon, we heard all things cloud. The executive series of workshops taught us:
- Lift & Shift: Oracle EBS Migration to Oracle Cloud
- How To Achieve Tangible Roi from EBS Mobile Apps
- The Best Path to Oracle Cloud
- How To Extend Your On-Prem Legacy Environments to The Cloud
Outside the workshops, 1,400 educational sessions spanned every angle of the cloud vs. on-prem. Some were skeptical, but others saw a bright future with cloud services. Companies are considering a return to on-prem to save money. But is it worth it?
The Costly Reinstatement of On-Prem
Simply put, moving back to on-prem isn’t worth the expense. MSN explains, “What’s more, the analysts report that many of the same forces driving up cloud costs are negatively impacting colos and private data centers too, which means the savings made from ditching the cloud may not be as large as enterprises are expecting. The reason is multifaceted, but it’s rooted in ongoing supply chain issues, increased labor and energy costs, and a lack of cheap capital, which has been compounded by inflation.” As a result, if you’re considering ditching the cloud, you might want to add up the cost, as many experts have mentioned it could cost you more if you go.
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