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Cloud is complicated.
Yes, cloud computing is generally agreed to be a route to providing compute, storage, analytics and an increasing amount of AI-engine power supplied as-a-Service, plus it opens an accessibility channel to the future prospect of quantum power, so in many senses, cloud takes complexity away.
But in general, cloud can be complex, convoluted and confusingly conglomerated… so real world customer organisations have been known to struggle with the rapid easy deployments that the promised land was supposed to offer.