Re: Wow....
" ...once a product has a critical mass of a captive market, the vendors hike the prices and the costs go up."
True, of course, but I think we're still entitled to be bemused at the monumental gullibility of boardroom primates who apparently cannot think beyond the next quarter's spreadsheet (except when fixating on their annual bonus for "cost cutting"), who otherwise enjoy the planning horizon of a dog plotting the interment of a favourite bone and—get this!—just keep on, time after time, offering their entire business to the latest fad, fashion, garish primary-coloured MBA wheeze and vendor/outsourcer/consultancy/Queen Anne's Revenge.
There are some well-reasoned arguments for making selective, intelligent, sceptical, eyes-wide-open use of "cloud", especially for startups and businesses which have bits that operate in startup-like ways (e.g. trialling new ideas, processes etc). It even makes sense to put some of the quotidian large-scale data and process stuff out there, if you can genuinely maintain a cost-benefit advantage in the long term and providing you've really, really thought through the security and privacy issues. Even then, you need to know exactly how your business will continue and at what cost when that cloudy system becomes unavailable, sluggish, compromised, corrupted, shut down by federal fiat, pillaged by fiendish orientals, blown up by the Slough sub-branch of the Basingstoke Against Revanchism Faction etc.
What floors me is the suicidal gormlessness which is inherent is putting so many of your important eggs in one basket—a basket which you not only do not control, but which is controlled by an entity whose specific reason for existence is to squeeze you till the pips squeak and which—with the loving care normally seen only in Hollywood movies depicting assassins attaching silencers to improbably attache-cased rifles—utterly devotes itself to contriving services, suites, ToCs, dependencies, processes and financial mazes specifically designed to make it excruciatingly difficult and expensive for you ever to switch away from them. Or even scratch your arse.
This seems to apply to outsourcing generally, and not merely the "cloudy" bits.
Yes, there may be an initial apparent cost saving in splurging your corporate jewels because some slime-in-a-suit said "Trust me, guv", and yes, that may engorge the annual bonus as you haemorrhage well-paid staff who actually knew how things worked, but in the long term ... well, in the long term, your company became a hostage.