To give you an idea, if you want to run a data center or your own servers in some countries you need a standby generator (because electricity is not a given) and the Diesel used to run these generators are imported and the economy of these countries is shaky so the exchange rate fluctuates, so suddenly the cost to keep your site up becomes a variable and is now subject to government announcements (not even in an evil authoritarian way), policies and import taxes. In the face of all of this, having a steady AWS bill with reliable infrastructure becomes priceless to these companies