A world built on cloud is a world that is dependent upon the availability of the datacenter. If cloud services are unavailable for any amount of time, the cost to the cloud provider and the business ventures running within the cloud can become astronomical. In fact, an outage and loss of data contributed to cloud based CodeSpaces.com becoming recently defunct.
When Amazon.com went down for just under an hour in 2013, Amazon’s bottom line was hurt by over 4 million dollars. What would happen if your cloud went down for any amount of time? Do you know how much money your company would lose? More importantly, have you reviewed your cloud providers SLA to ensure you feel comfortable with the terms presented to you?
Microsoft’s statistics show that about 50% of organizations “Believe that data accounts for up to 75 per cent of their total value …