[watermelon0]

Now more than ever, businesses are moving everything to the cloud. Unless you are big enough to afford sysadmins, netsec and other knowledgeable personnel, your data is safer at big cloud providers, than in your own hands.

Even if you have all that at your disposal, it's probably still safer (and more reliable) there, unless:

  a) you actually have to worry about espionage from Google and various governments,
  b) you cannot legally use them (I think some health/financial data under GDPR cannot be hosted outside of the EU), or
  c) you are doing something illegal.

GSuite and GCP are ISO/SOC/HIPAA/etc. compliant, so if there is a breach on their side, you are legally covered.

Not necessarily my opinion on cloud vs self-hosting, but it makes sense from a business perspective.