[axegon_]

No, not yet, but People are starting to get the cold shower treatment they needed. Cloud services make sense for two groups of companies:

1. Huge multi-billion dollar corporations where the overhead of hiring 1000 hardware engineers to manage the... hardware is not worth the trouble/effort.

2. Fresh, 2.5 people-involved startups that need to ship a product asap and cannot afford to waste their time on infrastructure.

Everyone in-between however - bare-metal, be it rented, bought second hand and shoved in a collocation datacenter - it makes a lot more sense. For the money you'd spend on AWS/Azure/GCP in a year, in most cases you can get the equivalent refurbished servers you'd need, set them up and toss them in a datacenter, where you get full control over your own data and infrastructure and probably be left with cash to spare - the cold shower I was referring to.