Have you deployed Azure File Sync to centralize the organizations file shares in Azure Files?  This offers flexibility, performance, and compatibility of on-premises file servers where a lift and shift into the cloud may not be practical. 

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CIO in Consumer Goods, 11 - 50 employees
Not yet deployed but we are considering it. Agree to your views Michael.
VP of Global IT and Cybersecurity in Manufacturing, 501 - 1,000 employees
In the scenario of Sharepoint online, thats syncing a library to your computer only. 

With Azure file sync, think more like one-drive for business on the file server, you are getting on-prem, hybrid cloud data. Azure file sync maybe help where you have resiliency and throughput challenges which maybe another reason to have your data persist on-prem and in the cloud. 

Data in the Azure file share can also take advantage of cloud capabilities such as Azure backup vault, VD, APIs, replication just to  name a few. 

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Without a doubt - Technical Debt! It's a ball and chain that creates an ever increasing drag on any organization, stifles innovation, and prevents transformation.
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