What would your organization do if your cloud provider were to go out of business? What happens if your cloud provider suddenly stops offering critical services that your organization requires for its business to function properly? Businesses need to start asking these important questions and develop plans to address these scenarios.
The cloud is a new market that continues to grow, and there are more small players offering their services. According to Gartner, Cloud System Infrastructure Services (IaaS) are expected to grow from $45.8 billion in revenue in 2018 to $72.4 billion in 2020. As the market matures, it’s only natural that some of these organizations will disappear or stop offering certain services.