However, for larger projects, the cloud offers a ton of advantages. There's the obvious ease of collaboration, but you also get access to a lot of powerful tools and resources that can make development a lot smoother. Plus, you can easily scale up or down as needed, which is great for resource management.
You also eliminate large upfront CapEx costs, but the trade-off is often surprisingly high OpEx costs. In the end, it really depends on what you need and what your budget looks like.
If you go with the cloud, my company, Usage.AI, takes advantage of the Amazon Reserved Instances marketplace and usage analysis to buy and sell RIs for you, cutting up to 57% off of your AWS bill. Check us out at https://www.usage.ai!