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Re:Cisco CEO Predicts ‘Brutal’ IT Consolidation by count on Monday May 26, 2014 @12:06AM (#7798660)
Different orgs have different cost models, and AWS is most definitely NOT more expensive for lots of them. It's also not always about bare bottom possible price for 'colo' type hosting. There's a ton of value to bringing up capacity for a few days and then making it just go away, which many F500 and govt shops struggle with.
Re:Cisco CEO Predicts ‘Brutal’ IT Consolidation by opendais on Monday May 26, 2014 @12:11AM (#7798669)
Hence 'relatively stable loads'.

I never said it was worthless, just for alot of cases it doesn't make sense.