[pdimitar]

I don't disagree with you but I wonder if you are underestimating how many years of useful service can you get out of dual Xeon E-2690v3 systems. Almost no business actually needs the latest and greatest -- the only serious concern when hosting on-prem is energy consumption and heat dissipation. If that can be covered well the rest is much easier to cope with.

[FpUser]

I do have some server hardware on premises (well it is in my basement and I have fat internet pipes) but I do not mind going middle road and renting dedicated servers on Hetzner and OVH. They're surprisingly cheap for whet they offer. The same performance / resource wise hardware on Amazon would make one bleed the money.

[pdimitar]

Agreed, and that's just what we might end up doing btw. A bit more manual sysadmin work which we end up doing on EC2 instances currently anyway. And a lot of money can be saved by EU dedicated server hosting.