The cost-savings of moving to cloud technologies have been one of the big drivers of adoption over the last decade. And while it’s true that cloud technologies enable businesses more capabilities with fewer upfront costs than traditional software, costs can also easily sneak up on you.
There are a few devastating incidents that can cause a company to go out of business if they don’t have the right safety net. For example, a natural disaster can cause irreparable harm to your office building and everything inside, and if you don’t have insurance coverage, it could be impossible to recover.