RIAs get hit with data losses held at small RIA-owned firm that, in turn, blames giant Amazon for lack of backup and for selling its space
Bad luck and the Seattle web giant's too-porous cloud technology vexed ElevateCDS, its owner says, but RIA tech experts say perhaps more care was owed to virtual belts and suspenders
By “green light,” I mean, “stop paying for the AWS instance.”
I trust no provider, Amazon included, would resell an instance while it is still under active subscription by a client.
Elmer Rich III
“Amazon ate my homework!”
Should we listen to the opinion of Greg Freidman? Here is an owner of a competing product that has, for over 18 months, repeatedly announced the release of a cloud based CRM. (Still not in release or Beta.) Look up the press releases on Junxure’s website yourself. Mr. Freidman does not seem like a good choice to discuss IT reliability, his or others. This article would have benefited from real insight about Amazon’s IT layer structure instead of unreliable competitor’s conjecture.
To lose data with Amazon once, you have to try really hard and not understand what you are doing. To do it twice says there is something wrong with your system and/or procedures.
Amazon clearly has 2 types of drives, Ephemeral (which data disappears every time you turn the instance on/off) and EBS which persists regardless of whether the instance is on. If you for some reason save your stuff on Ephemeral and turn off the instance, yes its gone – thats by design so you can boot up a clean operating system each time. You should be saving to the EBS volume, or S3 or backing up to any of the other many options they have.
Amazon only “resells” the instance the moment you turn it off – and they keep all data on the EBS volume even then (you are paying for it).
I still do not understand why they did not upgrade, check it, then kill the old one – one of many things that could have been done to avoid this.
Amazon does not lose data – people do.
If you are looking for a Wi-Fi or a WLAN mobile phone then sadly the Viewty is not for you as it does not have any WLAN connectivity. The apple iphone on the other hand can connect to wireless networks with it’s built in Wi-Fi.
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UBS bets its 'wealth' future on ex-Schwabbie Naureen Hassan, a corporate digital A-lister, who analysts give a fighting chance to transcend PaineWebber's ossified culture
Still a $2-billion cash-flow cow, the Swiss bank's 6,000-broker, US-based wirehouse is milking aging broker relationships with aging investors but needs a new kind of human presence, empathy, mindset and smarts to draw in Gen Z.
July 16, 2022 at 1:35 AM
Orion names 'left-brained' Natalie Wolfsen as CEO to replace Eric Clarke, and AssetMark, which synchronized its announcement, hires Michael Kim as her replacement
Orion Chairman Charles Goldman again lures his protege to self-replace, while Michael Kim was 'integral to AssetMark’s record financial performance over the past several years'
September 8, 2023 at 11:58 PM
Oleg Tishkevich builds instant McKinsey-killer in RIA consulting by offering gigs and equity to six solo stars, but good luck managing egos and economics, says someone who's been there
The restless Invent.us founder names (thus far) Tim Welsh, Suzanne Siracuse, Gavin Spitzner, Mark Hollingsworth and Brian Bleasdell as owners in exchange for being on call to tackle big gigs as a superteam
September 10, 2019 at 10:52 PM
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