Putting A Figure On Cloud Failures: $71 Million Since 2007

Putting A Figure On Cloud Failures: $71 Million Since 2007

As supporters of cloud computing, it’s expected of us to report on all the positive developments in this field, and as is obvious, there was, is and will be many of those. At the same time, as commentators with integrity, it is our duty to present to our readers negative news about cloud failures as well. As long time followers of this site will attest, we have done that consistently, some of my relevant articles (in chronological order) being:

1. Gmail Outage – Is Cloud Computing To Blame?

2. What Effect Will the Epsilon Data Theft have on Cloud Computing?

3. Lessons from the Amazon Cloud Outage

4. Should You Be Concerned? A List of Recent Cloud Computing Failures – I

5. Should You Be Concerned? A List of Recent Cloud Computing Failures – II

However, if there was one thing that was lacking in coverage, it was an estimate of the cost of such failures. The reason behind this was the lack of authoritative analysis. Even as one body has tried to bridge this gap, the disclaimer is loud and clear with mention of “at least several shortcomings in our (their) approach.”

The International Working Group on Cloud Computing Resiliency, formed in March 2012 by Telecom ParisTech and Paris 13 University, published a report titles Availability Ranking of World Cloud Computing, where it said that 13 large cloud service providers had suffered a total of 568 hours suspension of operations since 2007 causing an economic impact of at least $71 million. Now, $71 million may not seem that large a figure considering the scale of global business, but considering that the analysis was based on publicly available press releases and that not all failures are publicized, there is a very real probability this figure is considerably higher.

There’s another interesting set of numbers in this report – “cloud service availability show an average of 7:5 hours unavailable per year, or 99:9% availability.” The report pointedly states that not only is this figure a far cry from “the expected reliability of mission critical system (99:999%),” it compares very unfavorably with the availability of electricity (less than 15 minutes of downtime in a modern capital city), a utility cloud computing is often compared with.

The researchers clarified that the analysis does suffer from some shortcomings. While they have promised to improve matters in their next report, it is my personal opinion that an analysis free of these stated weaknesses would have been an authoritative take on the issue rather than just grab headlines. However, it does give one pause for thought.

The short report is available as a free download

By Sourya Biswas

sourya

Sourya Biswas is a former risk analyst who has worked with several financial organizations of international repute, besides being a freelance journalist with several articles published online. After 6 years of work, he has decided to pursue further studies at the University of Notre Dame, where he has completed his MBA. He holds a Bachelors in Engineering from the Indian Institute of Information Technology. He is also a member of high-IQ organizations Mensa and Triple Nine Society and has been a prolific writer to CloudTweaks over the years... http://www.cloudtweaks.com/author/sourya/

0 Responses to Putting A Figure On Cloud Failures: $71 Million Since 2007

  1. @mjasay But what’s the cost of flaky connectivity and/or ISP outages to businesses who moved to the cloud? Hmm? #multiplesidestothat

Comics

At CloudTweaks, we're plugged into the cloud, the internet of things and all that the web has to offer. From wearable technology, to mobile computing, cloud computing and big data, CloudTweaks is your source for updates and news on the most innovative technology.

Popular

Top Viral Impact

The Future Of Work: What Cloud Technology Has Allowed Us To Do Better

The Future Of Work: What Cloud Technology Has Allowed Us To Do Better

The Future of Work: What Cloud Technology Has Allowed Us to Do Better The cloud has made our working lives easier, with everything from virtually unlimited email storage to access-from-anywhere enterprise resource planning (ERP) systems. It’s no wonder the 2013 cloud computing research IDG survey revealed at least 84 percent of the companies surveyed run at…

Cloud Infographic – Cloud Computing And SMEs

Cloud Infographic – Cloud Computing And SMEs

Cloud Infographic – Cloud Computing And SMEs SMEs (Small/Medium Sized Enterprises) make up the bulk of businesses today. Most cloud based applications created today are geared toward the SME market. Accounting, Storage, Backup services are just a few of them. According to the European Commission, cloud based technology could help 80% of organisations reduce costs by…

5 Considerations You Need To Review Before Investing In Data Analytics

5 Considerations You Need To Review Before Investing In Data Analytics

Review Before Investing In Data Analytics Big data, when handled properly, can lead to big change. Companies in a wide variety of industries are partnering with data analytics companies to increase operational efficiency and make evidence-based business decisions. From Kraft Foods using business intelligence (BI) to cut customer satisfaction analysis time in half, to a…

The Industries That The Cloud Will Change The Most

The Industries That The Cloud Will Change The Most

The Industries That The Cloud Will Change The Most Cloud computing is rapidly revolutionizing the way we do business. Instead of being a blurry buzzword, it has become a facet of everyday life. Most people may not quite understand how the cloud works, but electricity is quite difficult to fathom as well. Anyway, regardless of…

Featured Sponsors

Moving From Email Into The Cloud

Moving From Email Into The Cloud

Mobile Collaboration In The Cloud Imagine that you, as a manager, are told by the powers that be that you have to find “efficiencies” within your department that will result in one million dollars of savings annually. You struggle with this. You send an email to everyone on your senior team. “Where can we save…

Watching You Shop: Stores And Mannequins “Read” Their Customers And Respond

Watching You Shop: Stores And Mannequins “Read” Their Customers And Respond

Watching You Shop The mannequin in the store window stares blankly ahead as shoppers look at the clothes it is dressed in and contemplate a purchase. One shopper makes some comments. “It’s nice. I wonder if they have my size.” Another takes a few steps inside the store to see where these particular clothes might…

Sponsors

Cloud ERP Starter’s Guide: When QuickBooks Is Not Enough

Cloud ERP Starter’s Guide: When QuickBooks Is Not Enough

Cloud ERP Starter’s Guide: When QuickBooks Is Not Enough You’ve been running your small business on QuickBooks, or a product like it, to automate your accounting function and produce basic financial reports. So, what’s wrong? Things just don’t seem to be working well. It takes too long to get a “picture” of how your business…

Placement Opportunities - Find Out!

Established in 2009, CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

You can help continue to support our community by social sharing, sponsoring, partnering or contributing to this great educational resource.

Contact

CloudTweaks Media
Phone: 1 (212) 763-0021

Join Our Newsletter