Downtime of a top cloud service provider could cost U.S. economy $15 billion

Businesses in the United States could lose $15 billion if a leading cloud service provider would experience a downtime of at least three days. A new study finds that if a top cloud provider went down, manufacturing would see direct economic losses of $8.6 billion; wholesale and retail trade sectors would see economic losses of $3.6 billion; information sectors would see economic losses of $847 million; finance and insurance sectors would see economic losses of $447 million; and transportation and warehousing sectors would see economic losses of $439 million.