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Cloud companies are supposedly big and experienced, thus giving much more safety and better cost sharing than own in-house solutions...? I think, it is not always the case. Like you never know what your favorite cloud provider will do with prices, etc. in future. Ever thought what happens when you need to move on or pull your data off the cloud? Sometimes, with cloud apps it is not even possible, but currently not much care is taken, till is too late. CIO's mostly know this, and they have a reason to ask the annoying questions. Cloud computing still needs to mature and it will take the place which belongs to it.