Cloud computing has evolved significantly since the launch of AWS EC2 in 2006, yet its promise of cost efficiency remains unrealized for many enterprises. While 96% of organizations use cloud services, most remain constrained by hybrid models that retain on-premises infrastructure, operational complexity, and high fixed costs. In contrast, cloud-only organizations—particularly startups—prioritize agility and simplified operations, even at higher nominal cloud spend. For today’s CXOs, however, agility alone is no longer enough; technology investments must deliver clear, measurable Total Cost of Ownership (TCO) reduction and predictable cash flow.

This white paper examines why cloud initiatives have under-delivered for large enterprises and how a properly executed cloud-only strategy can change that outcome. By eliminating redundant infrastructure, reducing operational headcount, and shifting responsibility to cloud service providers, cloud-only models can reduce IT operating costs by up to 75%. The result is a leaner, more efficient IT function—one that moves beyond cost containment to become a true enabler of financial efficiency and business growth.