Re: I've said it before...
Of course you can't do local backups. The objective is to maximise revenue, not availability. Backups will be 20c per KB. Restoration $5,995 plus 50c per KB.
I try to talk clients out of stuff like that. If they have business critical data, they need to make sure they can access it. I've had numerous jobs were apps like SAP was used to control production in sites connected via cheap xDSL. They go down, business stops. Money was saved, briefly.
Dedicated infrastructure means a CTO might need a bigger budget, but they should be more directly aligned to keeping the business alive. IT staff only have 1 customer (ish) vs being in 1/400th of a ticket queue awaiting restoration.
It's bizarre to me that a lot of senior execs don't get this, and keep drinking the cloudy kool aid. OK, the business might save $500k a year in payroll, but if a day's outage costs $5m, it can be a bad investment.
Plus there's other FUN! Telecomms seemed to be a Remedy (oh ARS!) shop. Often used for trouble tickets and tasks. Want me to do something? Send me a task. Manglement can then run reports to see what's going on. I was in one job where the system went down, and had to be restored. Which then meant previously closed tickets re-opening, tickets raised not being in backups, and it took a couple of weeks to get everything back in sync with reality.
And if you've outsourced your IT to the cloud, you've got a lot less capacity to manage the fallout from a major cloud outage.