I’m going to take the other side of that prediction:
Endless security breaches will encourage firms to do “less IT” themselves and accelerate the adoption of SaaS solutions (and PaaS, with no/low-code etc.)
Also, perhaps not a massive driver but still, not for nothing: M1-style processing innovation (ARM) will see more developers creating for ARM servers, because they can, which will almost exclusively be run by the hyper scale cloud providers.
I suspect you’re doing it wrong, or there’s some niche type of computing you specialize in.
In general purpose IT, looking across an enterprise portfolio of applications, we consistently see customers of Tidal Migrations replatform their applications to cloud and save 95+% in OpEx vs dedicated on-premise hosting.
IMO, The first step to realizing those cost benefits is recognizing that the cloud is not your datacenter and you need to architect differently.
Yes, cloud spend can grow as you open up access to more developers, but that’s why we have a plethora of tools and governance people to help make that manageable. I believe the business benefit of the agility gains that come from instant and decentralized resource provisioning will always trump any cloud bill... especially if you’re in a competitive industry & don’t want to get left behind.
Endless security breaches will encourage firms to do “less IT” themselves and accelerate the adoption of SaaS solutions (and PaaS, with no/low-code etc.)
Also, perhaps not a massive driver but still, not for nothing: M1-style processing innovation (ARM) will see more developers creating for ARM servers, because they can, which will almost exclusively be run by the hyper scale cloud providers.