What Contract Risks are hiding in the Cloud?

Published: 21 Jul 2015 Average Rating: 4.5 / 5 Print

Author: Tim Cummins, David Strouse

Eight out of every 10 new applications are being built for the cloud. So, as your organization moves forward with contracting, how can you ensure that your applications and data are protected? Unlike on-premises software, your application and data both reside in the cloud. If something happens to your provider, you need to be prepared.

Research shows that 79% of SaaS providers do not guarantee application continuity to their subscribers, so contract negotiations need to cover these issues. Join our expert, David Strouse, Director for Iron Mountain's Intellectual Property Management group, to learn about the best ways to manage your risk with both licensed software and SaaS applications and data.

Attendees will uncover answers to questions such as:
- What can I do proactively to safeguard my company in case something happens to my SaaS provider?
- How can I mitigate the risk of data loss?
- Are there templates/process documents I can use to evaluate my risk?
- Which terms and conditions should I include in my contracts?
- What are the best practices to safeguard SaaS applications and data?

Tim Cummins, Chief Executive Officer, IACCM
As CEO of IACCM, Tim works with organizations to support understanding of the role that procurement, contracting and relationship management play in business performance and public policy. Prior to IACCM, Tim's career included executive roles at IBM and a period on the Chairman's staff, leading studies on IBM's global contracting processes. His earlier career involved the banking, automotive and aerospace industries. He led negotiations up to $1.5bn in value and his work has taken him to over 40 countries. Tim's writing is extensively published and he has acted as an advisor to many of the world's largest companies and government bodies including the US, UK, Australia, Canada and Japan. 

David Strouse, Director, Iron Mountain IPM
As a Director for Iron Mountain's Intellectual Property Management business, David helps enterprise organizations create and implement appropriate solutions to protect their intellectual property assets. He and his team focus on developing strategies that help their clients mitigate the risks inherent in the licensing of software and other technology. With so many companies transitioning software applications to the cloud, David works with these organizations to find the best protection for their SaaS applications and data.