Sure. You just need more people to keep an eye on what your consumption rates are. Or to handle access control systems or manage service accounts and client certificates, ensure firewalls, additional tooling around firewalls to ensure things aren’t getting exposed outside. Countless cost projections on top of a complicated billing system.

I mean. You save the headcount in one area and you consume it in another. And you pay overhead in outsourcing costs.

It’s likely worth it. But you need to determine that on a case by case basis.

My (large) company is too incompetent to do hosting properly so cloud was a blessing for us.