Yeah there's that, and the fact that you have no control over how much the bill will be each renewal period. Those two things kept me off the cloud for anything important.

Unless its a self-hosted cloud. Then its your own computers

thats why i am trying to explain to my family since forever. their answer always amounts to something like "it would be illegal for them to look at my data!" like those companies would care. .

This happened to me years ago. Suddenly got a random community guidelines violation on YouTube for a 3 second VFX shot that was not pornographic or violent and that I owned all the rights to. After that my whole Google account was locked down. I never found out what triggered this response and I could never resolve the issue with them since I only ever got automated responses. Fuck Google.

one of my accounts was locked for no reason once. i apparently did well to not trust important data to them anymore.

It has 100% happened before and just never been admitted to. I have both 1st hand dealt with the aftermath and heard from other smaller companies about it. I work at medium sized MSP and disaster recovery is in my wheelhouse.

Because accountants mostly.

For large businesses, you essentially have two ways to spend money:

• OPEX: "operational expenditure" - this is money that you send on an ongoing basis, things like rent, wages, the 3rd party cleaning company, cloud services etc. The expectation is that when you use OPEX, the money disappears off the books and you don't get a tangible thing back in return. Most departments will have an OPEX budget to spend for the year.
• CAPEX: "capital expenditure" - buying physical stuff, things like buildings, stock, machinery and servers. When you buy a physical thing, it gets listed as an asset on the company accounts, usually being "worth" whatever you paid for it. The problem is that things tend to lose value over time (with the exception of property), so when you buy a thing the accountants will want to know a depreciation rate - how much value it will lose per year. For computer equipment, this is typically ~20%, being "worthless" in 5 years. Departments typically don't have a big CAPEX budget, and big purchases typically need to be approved by the company board.

This leaves companies in a slightly odd spot where from an accounting standpoint, it might look better on the books to spend $3 million/year on cloud stuff than $10 million every 5 years on servers

Money. It's a lot cheaper to let somebody else maintain your systems than to pay somebody to create and maintain your own, directly.

G Suite is a legitimate option for small-medium businesses. It's seen as the cheaper, simpler option versus Azure. I usually recommend it for nonprofits as they have a decent free option for 501c3 orgs.

My company used to do this. Its cause we were incredibly stupid.

Money and Time – It's rather easier/cheaper for Organizations nowadays to outsource a part of infra to Cloud service providers.

They had backups at multiple locations, and lost data at multiple (Google Cloud) locations because of the account deletion.

They restored from backups stored at another provider. It may have been more devastating if they relied exclusively on google for backups. So having an "offsite backup" isn't enough in some cases, that offsite location need to be at a different provider.