In RAID 5 if 2 disks fail does one lose all data.
No. One looses all the data that IS NOT BACKED UP.
How do data cente rs ensure continuous storage.
By not relying on RAID5 not to fail. RAID5 is there to handle an outage of a single disk - THAT'S ALL! They are quite common (though today running 4TB drives on RAID5 is restless - the limit is around 900GB for 10K Enterprise SAS drives, after that you want to run RAID6 or RAID10 or maybe RAIDZ2).
THEN you POSSIBLY mirror the data to another server or two. Azure IIRC keeps 3 copies of the data around.
THEN you do backups.
I had a RAID5 blow up in one of my companies main machines (actually THE main machine) years ago. We where back with a full restore down to the last relevant backup (which we do every 15 minutes) next morning.
You do NOT rely on RAID5 to save your data. It is just a "let's keep machines running if a disk fails" first line of defense.