"Those who did not backup their data may find themselves in a difficult position. It’s unclear at this time if OVH will be able to restore the data lost on the cloud servers."

And they have nothing offsite also.

What's the point with that? These corps could just put some shitty servers on the basement for less money per year for the same non existent redundancy.

On March 10, several data centers located at the same site caught fire at the cloud provider OVHcloud in Strasbourg (France). It happened just a couple of days after the announcement of preparations for entering the Paris Stock Exchange - this IPO is very important for the company.

The SBG2 data center building, where the fire started, was completely destroyed in six hours Wednesday morning before a team of more than 100 firefighters managed to extinguish the flames. The fire also affected four out of 12 halls in the adjacent SBG1 data center building.

The fire initially shut down 3.6 million websites on 464,000 different domains, almost half of them French. Those who did not have a backup lost their data irrevocably.

A defective UPS is believed to be the cause of the fire. The last major update of the power subsystem at this site was made in 2017. And just the day before the fire, the UPS supplier was performing routine maintenance.

The company is a public cloud operator competing with heavyweights such as Amazon Web Services and Microsoft Azure. Its partners are Deutsche Telekom, Atos and Capgemini. The IPO will allow the company to secure funding to strengthen its position against AWS, Azure and Google, as well as the likes of Alibaba, Tencent and Rackspace.

Contrary to Amazon and Microsoft that are just being constantly fed with newly printed dollars where almost all expenses are being covered by taxpayers, OVH is much closer to real business.