Have you seen their private rate cards for this level of buying? I bet if you had your calculus would change here.
Also, it’s easy to beat most costs if you get consumer grade hardware and don’t refresh it more than once a decade. I see that often when folks compare costs, but that’s dishonest and just kind of shoots their credibility in the foot.
Note that we haven’t even started discussing hw costs - tp correctly noted that amortized capex is less than the opex. It doesn’t change the math that much. I had pulled the relevant quotes to make a google sheets model and even with top line hardware i couldn’t stretch the break-even point beyond 2 years.
Private rates are cool except they come with strings attached and even discounted 90% its still not even close to break even on decent sized commits. Purely on costs the cloud cant win whichever way you slice it.
Also, it’s easy to beat most costs if you get consumer grade hardware and don’t refresh it more than once a decade. I see that often when folks compare costs, but that’s dishonest and just kind of shoots their credibility in the foot.