I agree 100%. Sadly, these "Cloud First" and "Cloud Only" directives are coming in from the Private Equity/Venture Capital folks placed on Company Boards. The C-level Execs don't bother to argue with them... and downhill the directive rolls. This is nothing more than a centralization of power (via data gravity). Hell, most of the time the techie folks that are tasked with implementing things don't want to 'go to the cloud' but they are told that's all they are allowed to do.
Until the Boards and C-levels are cleaned up, the "Cloud" will continue to amass massive data from all manner of companies - to be silently data mined, exploited, insights sold to competitors, etc. -- of course, they'll never admit that this happens, but I've no doubt that it happens all the time.
If you trust the cloud with your data, you're an anagram of omicron.
If you didn't build it, if you don't host it, if you aren't in control of it, it's the biggest risk you can take.
I agree 100%. Sadly, these "Cloud First" and "Cloud Only" directives are coming in from the Private Equity/Venture Capital folks placed on Company Boards. The C-level Execs don't bother to argue with them... and downhill the directive rolls. This is nothing more than a centralization of power (via data gravity). Hell, most of the time the techie folks that are tasked with implementing things don't want to 'go to the cloud' but they are told that's all they are allowed to do.
Until the Boards and C-levels are cleaned up, the "Cloud" will continue to amass massive data from all manner of companies - to be silently data mined, exploited, insights sold to competitors, etc. -- of course, they'll never admit that this happens, but I've no doubt that it happens all the time.
Cloud based computing reduces overhead costs a lot, its really no wonder they're flocking to it.
Only at very small scale. For a typical enterprise, I routinely find that a Private Cloud solution is 5x less expensive.