[1] https://www.techradar.com/news/remember-the-ovhcloud-data-ce...
[2] https://blocksandfiles.com/wp-content/uploads/2023/03/ovhclo...
When someone point out how safe are cloud providers, as if they have multiple levels of redundancy and are fully protected against even an alien invasion, I remember the OVH fire.
It's their "Compute" under "Public Cloud" that is competing against AWS EC2. https://us.ovhcloud.com/public-cloud/compute/
They handled the fire terribly and after that they improved a bit, but an OVH VPS is just a VM running on a single piece of hardware. Quite not the same thing as the "Compute" which is running on clusters.
Something very similar happened at work. Water valve monitoring wasn’t up yet. Fire didn’t respond because reasons. Huge amount of water flooded over a 3 day weekend. Total loss.
why build one when you can have two at twice the price?
But, if you're building a datacenter for $5M, spending $10-15M for redundant datacenters (even with extra networking costs), would still be cheaper than their estimated $25M cloud costs.
You need however plan for 1MM+ pa in OPEX because good SREs ain’t cheap (or hardware guys building and maintaining machines)