Primatics Financial - Parallel, High Throughput Risk Calculations On The Cloud
by Amnon Raviv on Jun 15, 2009
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munozrick
It seems to me that cloud computing is to the digital network world as perhaps nuclear power plants are to the energy world. There is no question that it is cheaper more efficient, and sustainable for the long term compared to the local networks and coal plants of the past. However are they not flawed in terms of the 1/1,000,000,000 accident. What protects the info if the cloud fails for an extended amount of time or whatever.
Is it like the nuke plants that have back up diesel generators that are in worst shape than the rest of the plant at the time they are needed. It would seem that it would be far to easy to out grow the brick and mortar backup.
I know Microsoft has already had an incident or two. granted these are the early days but at the same time it has only been a couple of years now. what happens when we get a big one??
Seems like the financial records of an already fragile economy need to be grounded at some level,
Thanks
Finance Guy 2 years ago