[josho]

The flip side is there is an entirely new skillset required to successfully leverage the cloud.

I suspect those cloud skills are also higher demand and therefore more expensive than hiring for people to handle hardware issues.

Personally, I appreciate the contrarian view because I think many businesses have been naive in their decision to move some of their workloads into the cloud. I'd like to see a broader industry study that shows what benefits are actually realized in the cloud.