Month: December 2021

The Cloud: 4 business trends from the past year and projections for the next

2021 was another stellar year for anything cloud-related. Migration to the public cloud continued in full force. According to Gartner, spending on public cloud services was on track to reach $396 billion by year’s end,  a 26% increase from the previous year. And the trend is set to continue with an expected 21.7% hike in …

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The Parametrix Control Tower: How we monitored the December 7th AWS Crash

It started with a muffled alarm sound, during what we thought would be just another day. It indicated that an AWS service, on the region called US-EAST-1, was hiccuping. But very soon it was clear that it would be a long night for the Parametrix cloud monitoring team.  In this post we discuss our technology, …

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Seven hour AWS cloud downtime causes major business interruption

On December 07 2021 at 15:18 UTC, 10:18 EST, several AWS services started malfunctioning, leading to a major cloud outage that lasted nearly 7 hours, brings down thousands of websites, including major services like Amazon, Tinder, Roku, Coinbase, Happy Games, Epic Games, Ring, Disney Plus and more. Seven hours after our monitors started showing availability …

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Parametrix, Founder Shield join forces to protect business from cloud downtime

December 7th, 2021 – New York NY and San Francisco, CA – Parametrix Insurance, the provider of parametric cloud downtime insurance, and Founder Shield, a tech-enabled, digital insurance platform, today announced that Founder Shield will be marketing and selling Parametrix’s cloud downtime insurance to their clients and prospects to help protect them from the risk …

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