Amazon Web Services (AWS), the world’s largest cloud provider, experienced a significant outage on Monday, October 20th that disrupted services for millions of users worldwide. This incident highlighted the inherent risks associated with relying heavily on a single cloud provider for critical infrastructure.
While many companies instinctively turn to cost-cutting measures during economic downturns, adopting lean operations as an ongoing principle can deliver sustained competitive advantage. By streamlining processes, reducing redundancies, and leveraging technology thoughtfully, businesses can thrive in both good times and bad.