Why some companies are backing away from the public cloud
Briefly

The article discusses a noteworthy trend among enterprises reconsidering the use of public cloud services. A survey by Rackspace indicates that 69% of IT executives have transitioned some applications back to on-premise systems or private clouds. This shift stems from various factors, including data security and compliance concerns, challenges with integrating on-premise systems, and the rising costs associated with cloud subscriptions. Experts point to technical debt as a significant contributor to these transitions, as many businesses opted not to refactor applications for efficient public cloud operation, resulting in increased costs.
The rising costs of cloud subscriptions, along with security concerns and compliance issues, have prompted nearly 70% of companies to move apps back to on-premise solutions.
Industry experts highlight that technical debt is causing enterprises to rethink public clouds, leading to returns to on-premise systems for better integration and cost savings.
Read at ZDNET
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