Explore the misconceptions and realities of private vs. public cloud adoption in this insightful conference talk. Analyze the growth trends in public cloud markets and enterprise-managed infrastructure. Examine common justifications for avoiding public cloud solutions and evaluate their validity. Delve into the factors that contribute to cloud success or failure, with a particular focus on why private clouds often fall short of expectations. Investigate concerns about vendor lock-in and compare the features of public and private cloud offerings. Learn about the sunk cost fallacy and its impact on cloud strategy decisions. Gain a deeper understanding of cloud computing evolution, the benefits of public cloud usage, and the role of hyperscalers in the industry. Conclude with a Q&A session to address audience inquiries and further discuss cloud adoption strategies.