Misleading
This article doesn't do justice to the actual post by Morgan Stanley which can be found at https://www.morganstanley.com/ideas/it-hardware-2018. All those commenting about the senselessness of the claim and arguing that cloud will continue to be the choice going forward while on-premise hardware dies a slow death have missed the key point in the original post (which has been omitted from this article) where they state that -"We estimate that 44% of computing workloads will be done in the cloud by the end of 2021, up from 21% today." MS is only claiming that IT organizations will now be able to open up their wallets and spend on the on-premise infrastructure upgrade/refresh for the remaining workloads (that was put on hold) as there is more clarity on the workloads that will to move to cloud. Hope that makes sense.
