I know at least one startup that closed its doors because they lost both production and backup data on that OVH data center.
But make sure you check where the other provider is hosted: I read it one user (individual, not a startup or other company) who had backups of stuff on a shared host with a second shared host. It turned out that they were both running on servers in that one OVH DC and they were cheap hosts with no better backup/dr plan themselves...