French cloud computing company, OVHcloud, has experienced a network outage on October 13, just two days before it was due to launch one of the country’s largest initial public offerings of 2021.

The firm’s founder and chairman, Octave Klaba, said the downtime was caused by "human error" while one of its US-based datacentres was being reconfigured.

He said: "A wrong configuration of the router caused the network to fail," adding that OVHcloud was able to restore the...