Business executives recognize the benefits of cloud computing. Low upfront and maintenance costs, utility billing, on-demand scalability, and access to enterprise-level software represent clear advantages for any organization.
Cloud computing can deliver greater speed, flexibility and tangible IT cost savings; three reasons why businesses should not disregard the cloud as hype. But entering into cloud computing contracts without understanding the inherent risks can cripple an otherwise healthy organization.
The good news is these risks can be mitigated. Cloud vendors as well as cloud purchasers can leverage Scott & Scott, LLP’s years of experience with software licensing and IT outsourcing to reduce the risks of cloud computing.
The attorneys at Scott & Scott, LLP have extensive experience negotiating cloud computing agreements. Clients benefit from an approach that balances risk using insurance and indemnity provisions, as well as ensuring compliance with the relevant statutory security requirements affecting either party.
Contact us for a complimentary cloud computing consultation.