How to mitigate risk of a cloud provider going out of business?

PaxProSe

I’ve never had to face this issue, thank goodness, but what steps should a company take to make sure they are prepared for the possibility that their cloud provider could go out of business?

Answer this Question

Answers

2 total
jimlynch
Vote Up (5)

Ttopp's answer is right on the mark. Research your provider very carefully before making a decision and only choose one with a top notch reputation and financial stability. If you have any doubts about the company, don't go with it.

ttopp
Vote Up (5)

This isn’t just some remote, not-gonna-happen possibility. It does happen, as a lot of Nirvanex customers learned earlier this year. Essentially, you need to plan for it almost the same way as disaster recovery. There was a good article about this in Networkworld earlier this year. One of the most effective and easiest things you can do to avoid a scenario where a cloud provider goes belly up is to choose the provider carefully. Google, Amazon, IBM...companies that are large and established are far less likely to suddenly go out of business than some small, undercapitalized business. 

If you want to read the entire article, here is a link to it. 

http://www.networkworld.com/news/2014/010814-cloud-provider-277521.html?hpg1=bn

Ask a question

Join Now or Sign In to ask a question.
When not busy helping to find new treatments for cancer, IBM Watson is helping to cook up a few new dishes as well.
Thanks to the cloud, the “as a service” trend is getting a little out of control
IBM continues to make the case for the nascent field of cognitive computing, showing off some Watson prototypes Thursday that could help speed scientific discovery in the medical field, by scanning large volumes of literature and data far more quickly then humans can, and suggesting possible leads.
NASA migrated 65 software applications, including its flagship NASA.gov website to the cloud in 22 weeks, and the space agency is still in the midst of a massive deployment to the cloud.
Is it crazy to pay $1300 for a Chromebook? Some reflections after a year and a half of living with Google's luxurious Pixel.
IBM announced late Wednesday that it's making its artificially intelligent computer system, Watson, available to researchers as a cloud service.
Technology companies make up almost half of the businesses ranked highest by their employees for culture and values in a new survey
Microsoft has extended the data loss prevention features in Office 365 so that they are available not only for its email tools but also for data in SharePoint Online and OneDrive for Business.
Salesforce.com's development teams are continuing their steady pace of improvements to the Salesforce1 mobile application, which first debuted at last year's Dreamforce conference.
Responding to the growth of enterprise software development teams, Microsoft will allow occasional contributors to access the Visual Studio Online project development environment at no cost.
Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

randomness