I feel that we will soon see a shift where organizations will start moving back to on-prem instead of paying for cloud services. We have begun to see our larger customers opting for migrating back to on-prem from the cloud.
The thing about running your business on other people’s computers, you can’t decide where it gets to run
Microsoft hyperV and azure will keep munching on their business.
As is the plan.
Broadcom’s whole business model is to buy companies with lots of enterprise customers and high vendor lock in products, cut support, maintenance, R&D as much as possible, and massively jack the price up. Most customers will eventually leave, but they’re counting on sunk cost fallacy and management being slow to go through with a big, risky, and expensive migration to make their money back in the meantime. Anyone who gets stuck with it long term because they would rather pay up than risk moving is just a bonus.
This is remarkable in the sense that not every company or every company’s offering is profitable in the cloud space. Broadcom definitely just looked at the numbers and decided this service should be cut wholesale.
Is it right? It’s a corporation that just spent $61 billion on this, when were they ever concerned about right and wrong? They exist to gobble profit.
