Operating in the cloud is no longer a theoretical concept. It is standard protocol and comes with complexities and issues. But you can maximize your efficiency in resolving next generation issues in contracting for cloud services. By understanding the interests of buyers and sellers of cloud-based solutions and the complex issues they raise, contracting parties are best able to negotiate appropriate agreements. This presentation is intended to help you identify the key issues presented by various types of cloud offerings – from software as service (SAAS), to platform as a service (PAAS) to infrastructure as a service (IAAS). You will also learn how leading companies resolve these issues – both from a provider and buyer perspective, as well as domestically and around the globe. As these offerings become more customized and as they are combined to create multi-layered solutions, understanding the issues they raise and how to effectively resolve them through the contracting process becomes ever more critical.

Topics covered in this session included:

• When a license is appropriate and when it is not
• How to navigate the multinational complexity of cross border data flows
• Best practices for structuring multi-party cloud solutions
• Effective ways to negotiate standard terms

 

Contributors: Baker & McKenzie, IMF
Categories: 2017 Spring - Amelia Island, Summit Presentations
SRC Type: Cloud-Based Outsourcing, Contract Development, Outsourcing, Sourcing