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Oh I was talking about renting a VPS, not managed services. Managed services are much more expensive.
I just checked Digital Ocean’s pricing, and the server I was thinking of that’s about $500/month is $900/month for managed MySQL. That’s $107,400 extra per year if you want managed services.
And again, this is for a small company that only needs 10 servers. If we’re talking about something more like 5,000 servers, those cloud costs will be absolutely enormous.