Cloud vs On-Premise

FeatureCloud DatawarehouseOn-Premise
ScalabilityInstant Up / Down, Scale In / OutReconfiguring / purchasing hardware, software, etc.
AvailabilityUp to 99.99%Depends on infrastructure.
SecurityProvided by cloud providerDepends on the competence of the in-house IT team.
PerformanceServe multiple geo locations, helps query performanceScalability challenge
Cost-effectiveness

No hardware / initial cost. Pay only for usage.

*If not managed carefully, it could cost a fortune.

Requires significant initial investment, salary.

src: https://www.scnsoft.com/analytics/data-warehouse/cloud