[blunderkid]

Public cloud is definitely a great value for startups. When you are small and want the flexibility and speed and the sophistication that cloud providers make possible. The premium they charge is well worth up to a certain point at least. When you are an established business with mature tech and of the size of BoA, it is a whole different math. Your investment in your own cloud if done right can be a huge saving that can give more mileage (on Wall Street) than your competitors speed in execution, esp if you are a bank, where time to market isn’t exactly a winner.