Traditional on-premises computing is more cost-effective in the long run as it eliminates recurring operational costs associated with cloud services. It offers superior control over resources, which enhances security and performance, despite the higher initial investment required. However, scaling resources to meet fluctuating demands is slower and more costly.

Both cloud computing and traditional on-premises computing offer similar benefits in terms of cost structures and scalability. The decision to migrate to the cloud does not significantly impact the enterprise's financial or operational efficiency, nor does it affect compliance with industry standards.

Microsoft Azure's cloud computing services are not suitable for enterprises looking to reduce costs as they are more expensive than maintaining traditional on-premises infrastructure. They offer limited advantages in scalability and flexibility, and compliance features are not as robust as those provided by on-premises solutions.