Unless one is getting his news from written sources, the Thailand flooding portends a crisis for businesses and consumers who are moving toward cloud computing or offsite data storage, especially if they are projecting rapid growth in their needs over the next 12 months.
It is not yet known the extent of the damage caused by the flooding in Thailand, but some estimates say about 20% of the country is now flooded. Thailand happens to be one of the largest producers of hard drives in the world. The technology industry is bracing itself for scarcity…

