The cost savings with bare metal servers vs managed cloud can be ludicrous... like take away 2-3 zeroes. It's particularly true for bandwidth and raw CPU power where major cloud providers massively overcharge.
The real answer is like most other things: it depends.
If you have a highly variable workload or you really get a lot of value from specialized managed services then cloud will save you and generally work better. If you have a less variable workload then a more DIY approach can yield truly massive cost savings and even better uptime and performance in some cases.
The real answer is like most other things: it depends.
If you have a highly variable workload or you really get a lot of value from specialized managed services then cloud will save you and generally work better. If you have a less variable workload then a more DIY approach can yield truly massive cost savings and even better uptime and performance in some cases.