As companies optimize their IT environments to balance price and performance, many are considering moving some workloads out of the cloud. An IDC report from June 2024 found that about 80% of survey respondents “expected to see some level of repatriation of compute and storage resources in the next 12 months.” There are several factors driving this change: escalating cloud costs, security and privacy concerns, unmet expectations, fear of vendor lock-in and the need for more compute power. Whatever the reasons, organizations are relocating some workloads to on-premises and colocation data centers. For many enterprises, this is a move “back”…

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