Why hasn't cheaper hardware lowered cloud prices?
Briefly

Public cloud providers, while offering unprecedented scalability and operational efficiency, are faced with rigid pricing structures due to significant historical investments and high operational costs. Despite declining hardware prices, public cloud costs are stubbornly high—reflecting pressures from investors and shareholder expectations. Enterprises are encouraged to explore alternatives such as private clouds, colocation, managed service providers, or hybrid solutions to navigate the growing cost inefficiencies of public cloud services and to enhance cost-effectiveness in their IT strategies.
Public cloud providers operate on the promise of seemingly infinite scalability, yet they are businesses beholden to investors and shareholders as well as customers.
The public cloud's unchecked expansion may face serious headwinds as organizations reprioritize cost efficiency.
Read at InfoWorld
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