As a large org, you sign up for elasticity and mostly infinite rack space and power delivery. You basically turn capex into opex (though with reserved capacity you can get some capex back).
You can sidestep the worst parts of the compute lock-in by cloud-agnostic tools like k8s and terraform. Storage will always keep you hostage.
Anyway - the grass will be greener on the other side regardless of what you do.
would there be a scenario where you prefer to mark it as capex? opex has the advantage of reducing tax immediately and getting the tax benefit right away. I feel like that's always an advantage
You can sidestep the worst parts of the compute lock-in by cloud-agnostic tools like k8s and terraform. Storage will always keep you hostage.
Anyway - the grass will be greener on the other side regardless of what you do.