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Spotlight on the Cloud report

The Lawyer

We have phenomenal experience in negotiating cloud deals and drafting templates on both the customer/procurement side and the supplier side, across the globe. Privacy and cyber remains a strong area to focus on and our privacy and cyber team work closely with our technology experts to produce fit for purpose timely advice for our clients.

Cloud adoption has surged in recent years. Our Cloud Report (developed in conjunction with The Lawyer)indicates that this trend will continue – almost eight out of ten surveyed cloud purchasers expect to increase their level of cloud spend in the future. The survey focuses on what is currently driving the uptake of Cloud solutions, the potential barriers to adoption and current M&A trends. Eversheds’ “Spotlight on the Cloud” event brought together industry experts and legal advisors to discuss the evolution of the Cloud over the past 5 years, and what Cloud technology will mean for the future.

By far the most important legal consideration when it comes to Cloud adoption is data protection and security, c. 30% of customers have walked away from cloud deals because negotiations have failed when it comes to this point. Other legal considerations for both suppliers and customers include: service level agreements, liability clauses, exit provisions, and customer compliance. Download our full report for further detail.