For the past two decades, cloud providers have played a significant role in supporting the digital operations of firms and individuals across the globe. Whether Fortune 500 companies, startups or family offices, all these entities rely on centralized cloud infrastructure giants like Amazon Web Services (AWS), Microsoft Azure and Google Cloud.
Together, these three tech juggernauts account for over 60% of the cloud market as per latest figures on Statista. Their value proposition is simple: delivering speed and reliability at a global level. But at what cost? control, censorship and vulnerability.
While the leading cloud providers have proven to be reliable over the years, the concentration of power among a few entities introduces serious risks that we have seen manifesting in various instances. One of them is the risk of a single point of failure. For example, between 2020 and 2021, AWS experienced several outages which affected services across major platforms, includi
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