I don’t think it’s the point of being paranoid, it’s the point of being fully reliant on someone else for your day to day work.
The same as being reliant on someone else for your pure water... without these people, some businesses are powerless when anything unexpected happens
Exactly..
Cloud computing started from the banking industry back in the late 1990'S Oracle were the pioneers, when you have to manage millions and millions of customer addresses and account information, the hardware costs keeping it all backed up and secure were getting more and more expensive.
Then companies like Oracle offered a cloud based data-centre that had multiple mirrored backups in real time, this saved a lot of money for the banks, not needing to keep upgrading their it hardware, as all they needed to do was be a subscriber to the system.
Now cloud computing, which is essentially the same as the Oracle systems back in 1990 is a good money maker, 30 years later its the holy grail of software sales as moving to a subscriber level from a licence level is more profitable for them. However its not really needed because you can fit your window cleaning list on a usb stick! you don't need cloud level hardware!!
Now smaller companies have flooded the market with little or no real IT experience with cloud based systems, offering services they know enough about, but don't have the full infrastructure in place to mitigate downtime, which is why you get outages, this is re infiltrating back into the banking sector now and we are getting all sorts of problems.
Back in 1990 the cloud systems were engineered to be completely indestructible , because they had a specific closed market, its not the case anymore.
So i'm happy with my ACT database and stand alone computer backed up to my own mirrored drives. Is that now enough of an explanation?
