>> That's around 1-2 months of time for a decent devops freelancer. If you underpay your devs, about 1/3rd of an FTE per year. And you are not going to get 24x7 support with such a budget.
In terms of absolute savings, we’re talking about 90% of 24k, that’s about 21.6k saved per year. A good amount, but you cannot hire an SRE/DevOps Engineer for that price; even in Europe, such engineers are paid north of 70k per year.
I personally think the TCO (total cost of ownership) will be higher in the long run, because now every little bit of the software stack has to be managed by their infra team/person, and things are getting more and more complex over time, with updates and breaking changes to come. But I wish them well.