Cloud Contracting
Demystifying the Fog
Overview
This ICN course targets the contract negotiating
side of the rapidly evolving world of Cloud computing. The course identifies potential Cloud-contracting problems and sets forth a process to help the IT sourcing professional and his/her internal clients (users, IT, project managers, business managers, executive sponsors, and so forth) prepare and conduct effective negotiations
to enable the customer to get better deals and better contracts among the Clouds.
Who Should Attend?
This seminar is a must-attend learning
event for anyone implementing, planning
or considering adopting a cloud computing
solution, including:
- IT Professionals
- Business Managers
- Procurement and Sourcing Professionals
- Other professionals: Lawyers, Auditors,
Risk Managers and Accountants
Upcoming Events
Upcoming Events › Cloud Contracting
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November 2024
Cloud Contracting
11:00 AM EST - 4:00 PM EST Each Day
Find out more »Hardcopy Takeaways
- Cloud Related Vocabulary
- Cloud Definitions
- Cloud RACI Chart
- Position Paper
- Sample Customer Cloud Contracting Philosophy
- Service Level Reconciliation Letter
- Cloud Service Providers Profile Report
- Deficiency Letter
- SaaS Master Agreement
- SaaS Agreement checklist
- Service support for eCommerce
- Web Hosting Service with Remedy
- Would you like to know what successful Customers do, even the small ones, to get better deals with Big Cloud Providers?
- What unique PLOYS are Cloud Providers using in your internal Cloud stakeholders?
- How can you use best-practice tactics to negotiate the best Cloud deals for your company?
Benefits
- What is Cloud Computing?
- Learn the benefits and risks of Cloud Services
- Get the factors essential to the paradigm shift presented by Cloud Computing
- Prepare yourself to acquire Cloud Services
- Analyze/evaluate Cloud Services options
- Mitigate Cloud Service risks
Content
partial outline
Course Length: 2 Days
Level Setting
1. Cloud computing—yesterday, today, and tomorrow
2. Types of Clouds
3. Types of Cloud-services
4. Impact of domestic/global cloud computing
5. What cloud computing is not
Business Case for Clouds
1. Cost of entry
2. Start up time and entry speed
3. Cost of ongoing operations
4. Scalability of service
5. Buying only needed amount
6. IT department size
7. Level of IT expertise required
Lost in the Clouds
1. Gimmicks and Gotchas galore
2. Service failures
3. Data breaches
4. Hidden costs
5. No or little customer control
6. One-flavor-for-all customers
7. Pricing models
8. Regulatory compliance nightmares
9. Dumbing down your company expertise
10. Service provider leverage—are the “hooks in deep?”
11. Escaping—how and at what price?
12. Others
Solution Overview: Lifting the Fog
Cloud-contracting Process
1. Find and engage Cloud-service stakeholders
a. Cloud-contracting Advisory Team
b. Cloud-contracting Table Tea
2. Collect and prioritize Cloud-service objectives
a. Results vs resources in Cloud deals
b. Gather Cloud-service objectives
c. Assess objective-related risks
d. Rate & prioritize cloud-service objectives
3. Address identified Cloud-service risks
4. Design cloud-service levels
5. Secure cloud-stake-holder approvals
6. Develop cloud contracting
documents
a. Cloud-specific contract issues
b. Other Cloud-related contract issues
c. Katz and other critters
d. Hidden “Gotchas” in Provider cloud contracts
7. RFP the cloud and its alternatives
8. Evaluate cloud-service proposals and alternates
9. Negotiate the silver linings
a. Create negotiation strategies for Cloud contracting
b. Develop negotiation leverage for Cloud contracting
c. Overcome Cloud-provider ploys
10. Manage your cloud services
a. Implementation projects
b. Contract enforcement
c. Provider-customer relationship management
Cloud survival guide—Identify and address cloud specific risks
1. Secure your data at ALL costs
2. Protect your IP rights
3. Design for technical cloud-service failure
4. Contract for cloud-service failure
5. Have a clear cloud-contracting philosophy
6. Use competition among cloud-providers
7. Use competition between clouds and non-cloud alternatives
8. Have a clearly defined, planned, and executable exit strategy
9. Contract for cloud-results not just resources
10. Manage your cloud services
11. Enforce your Cloud contract
12. Manage your Cloud-Provider relationships