Re: "where it hopes to save an estimated $400 million annually"
"You are just banking your company on that the cloud provider is going to have required capacity when you need it"
Yes, "cloud" may have started out with those lofty ambitions and ideals, then the accountants took over and asked why all this spare hardware was just sitting there hoping for a paying customer. "Do we really need 20% over capacity just in case? Why not cut it to 15%? 10%? 5%?. Why not just optimise for 100% usage and slow down the less important customers and sell their resource to the higher paying customers? Just put that in the Ts&Cs of the cheapskate contracts. After all, they sold all their on prem kit and are trapped here now.!