Everything you want to know about cloud computing
Cloud computing is a prime driver of digital transformation, giving organisations much more flexibility in the way they procure and consume IT resources, from raw server power to corporate infrastructure to third-party services from Amazon, Salesforce and Microsoft. Initial concerns about security have been firmly put to rest and the shift to the cloud is unstoppable. Indeed, the UK government has a ‘cloud first’ policy for public services.
The on demand, self-service cloud environment changes the way we approach IT contracts, swapping long term fixed price agreements for more fluid commercial models such as ‘pay as you go’. Whether you are selling or buying cloud services, it’s important to have a contract that properly reflects this new relationship. It’s equally important to understand the regulatory requirements of migrating to the cloud – especially around data protection. Our specialists can advise on all legal aspects of your cloud strategy. In particular, we’ve done a lot of work on the cloud in the financial services market and have a body of expertise to share.