In reply to Ben Sibley.

Point is, that soon you will be able (some possibilities already exist) to manage your websites directly in cloud (Google, Amazon, Digital Ocean ...) how you manage it today in wpengine, but these cloud providers offer better quality, performance and stability than most of hosting companies for lower price without restrictions what managed hostings usually have.

If you have some time, you can already try to set up server on Digital Ocean via ServerPilot and you will easily recognize performance boost of your website for half or even lower price that you currently pay to your hosting.