In recent years, we have become accustomed to phrases such as too big to fail. This is a notion that has been applied to once august financial service organisations, and is a philosophy that drives to a certain degree the bail out that Greece has requested.
During our team field-trip to this year's InfoSec, I started thinking about this idea in relation to the cloud, and whether it is a phrase we can look forward to hearing with respects to out industry. It seems like a pretty fanciful notion looking at the world from 2010, but I don't think it is quite as ludicrous as some of the cloud security panel members thought.
We're currently on the verge of the cloud revolution, with a great deal of players trying to assert themselves as the platform/service/layer of choice for everyone to run their apps or store their data. The big guys in the ring on this one are geared up for a massive bun-fight over their position. It's a fairly logical conclusion that, as with previous IT technology markets, there will be dominant layer providers. Therefore, it is not unreasonable to conceive of a single company, which provisions for a massive amount of data, failing. This failure could be financial or otherwise. Now, imagine this provider has the data and apps for numerous local government agencies, charities, businesses, the loss of which would have an indelible impact on national, or international, economies.
I agreed that there are a lot of what ifs for this to happen. However I get the sense from tapping on the wall of knowledge of the experts on the panel, that we're on a real frontier here and once again making it up as we go along.
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