As the world recovers from the largest IT outage in history, it shows the danger of one point of failure in IT infrastructure
Digital boards in New Delhi, India, display error messages due to the global IT outage caused by CrowdStrike on 19 July 2024.Digital boards in New Delhi, India, display error messages due to the global IT outage caused by CrowdStrike on 19 July 2024.A global IT failure wreaked havoc on Friday, grounding flights and disrupting everything from hospitals to government agencies.
“Microsoft’s complex web of licensing restrictions prevents customers, particularly its existing on-premises enterprise clients, from choosing any other cloud provider at the time of migration into the cloud and ultimately locks those customers into its Azure ecosystem,”of the global cloud infrastructure services market is controlled by these three firms, which make it near impossible to switch between providers by imposing impenetrable technical barriers that deter vendors from switching –...
Why does concentration, consolidation, and monopolization leave us at risk? It’s not simply that we homogenize a market, leavingexposed to what should be an isolated service disruption. Concentration yields the power to restructure markets. Monopolists force firms out of a market and redesign the terms of engagement for competitors such that they don’t threaten incumbent juggernauts.
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