This seems like rehashing old news. I have vague memories from a database class I took in the 80s where we talked about an airlines data center (AA or United or somebody big like that). Like I said, my memory is vague on this, but I believe they talked about Mean Time Between Failure of the disk farm on the order of 5 minutes (translation: there will be a disk failure about every 5 minutes).

The technology has changed, but the problems are still there and have to be dealt with.