Managed servers reduce the on-prem skillset requirement and can also deliver a lot of value.
The most frustrating part of hyperscalers is that it's so easy to make mistakes. Active tracking of you bill is a must, but the data is 24-48h late in some cases. So a single engineer can cause 5-figure regrettable spend very quickly.
I've seen this in startups with 7 figure ARR (where annual cloud costs were also 7 figures).
Also seen that in F500 where a single architect caused a 5-figure mistake which remove cloud privileges from the entire architecture team. Can't make it up.
7 figures is single digit millions. 5 figures is a single silly mistake. Just enabling more verbosity on logs is enough to trigger that in a day. Such mistakes would be found monthly. We could have easily had 10% more engineers with the same budget if it weren't for lighting our runway on fire that way.
The most frustrating part of hyperscalers is that it's so easy to make mistakes. Active tracking of you bill is a must, but the data is 24-48h late in some cases. So a single engineer can cause 5-figure regrettable spend very quickly.