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I'm still apprehensive about entrusting a single party to handle all of my infrastructure. Technical and business failures occur in even the best of the hosting companies.

Granted, my computing needs are basic compared to the needs of Netflix.

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In-house IT is also a single party.

I think the motivation for in-house IT to succeed is greater than a 3rd party with their SLA. But, I am also coming from the viewpoint that geographically dispersed servers through multiple hosting companies reduces the 'single point of failure' scenario.

Using one (or a mix) of hardware vendors entrusts your infrastructure to a single party as well. Unless you are making your own hardware?

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