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A specialist cloud outage insurance business estimated that the top 500 US companies by revenue, excluding Microsoft, had faced near $5.4bn (£4.1bn) in financial losses because of the outage, but only between $540m (£418m) to $1.08bn (£840m) of those losses would be insured.
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Cloud computing[1] is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. [2] Large clouds often have functions distributed over multiple locations, each of which is a data center.
Oracle Cloud is a cloud computing service offered by Oracle Corporation providing servers, storage, network, applications and services through a global network of Oracle Corporation managed data centers. The company allows these services to be provisioned on demand over the Internet. Oracle Cloud provides infrastructure as a service (IaaS ...
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Google Cloud Platform (GCP) is a suite of cloud computing services offered by Google that provides a series of modular cloud services including computing, data storage, data analytics, and machine learning, alongside a set of management tools. [3] It runs on the same infrastructure that Google uses internally for its end-user products, such as ...
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