[jiggawatts]

The reality is that with the maximum discount, the public cloud is still 2x the cost of comparable hosting providers (including on-prem).

More realistically, I've found that the cost is between 3x to 7x what people were paying for before.

I'm not surprised cloud adoption has slowed to a crawl. Azure and AWS won't admit this publicly because it would tank their share price, but they can't hide it from observant people. For example, they used to get the latest Intel or AMD CPUs before retail availability in huge numbers. Now? They're 2-3 generations behind because they're not rolling out new servers in significant numbers. The customers are all tightening their belts because of the global economic downturn, and one of the most expensive things they've been splurging on before was public cloud hosting.