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The top 15 cloud providers control 70% of the market share, which can be both positive and negative. The top 15 cloud providers control 70% of the market share, which can be both positive and negative. (Photo: Maksim Kabakou/Fotolia)

Many companies that rely on a cloud service provider fail to understand what they’re signing up for. When selecting one of the hundreds of cloud service providers available, every company needs to consider such factors as service redundancy to find the vendor that’s best suited to its needs.

“If you do it properly, if you have the right IT staff working with the cloud, that could be true. But if you just willy-nilly go to the cloud, without paying any attention to what you’re getting into, it’s almost definitely not true,” says Scott Stransky, assistant vice president & principal scientist for AIR Worldwide.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected]

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