Parametrix, the leading provider of downtime insurance, yesterday monitored an outage of Microsoft Azure, the world’s second-ranked cloud service provider.
Tag: Parametrix
Startup Sells Insurance Coverage for Cloud Outages
With more businesses and consumers relying on cloud computing, even a temporary service disruption can have far-reaching consequences, potentially shutting down services, wreaking havoc on e-commerce operations, and causing businesses’ reputations to suffer. One company, New York-based Parametrix Insurance Services LLC, is focusing on businesses that have experienced a cloud outage. When a business’s cloud-computing… Continue reading Startup Sells Insurance Coverage for Cloud Outages