Cloud service providers looking to capitalise on increased demand from the financial sector need to be aware of the risks and issues that come with the territory. Providers need to be sensitive to the specific needs of financial sector customers in order to build successful relationships with this diverse and often sophisticated user base. The regulatory landscape in the jurisdictions where the customer operates is a key consideration. Cloud service providers seeking to serve the…
Adam Aft and Peter George join the show to discuss the findings of Baker McKenzie’s latest Digital Transformation and Cloud Survey, which captures major trends and attitudes toward the use of data through a global lens of respondents in legal, technology and procurement roles, across major industries. Listen to hear: What’s new in this edition of the surveyKey trends identifiedWhat’s on the horizon for cloud with the new Biden administration https://open.spotify.com/episode/57jSf7g9JbmIlRJuYZ69mg?si=_ZgAr-A_T52sbde2ar-iDg
Digital transformation enables organizations to better understand and manage the data they hold, and has now become intertwined with the concept of business agility. Our new 2020 Digital Transformation & Cloud Survey: The Future of Enterprise Data explores the links between digital transformation and the use of data through a global lens of respondents in legal, technology and procurement roles, across a large cross-section of major industries. In this post, we draw out the benefits…
The need for businesses to be agile, innovative and data savvy to compete and thrive emerges loud and clear, but so, too, do concerns around privacy, security and integration with legacy IT systems. In its sixth year, Baker McKenzie’s 2020 Digital Transformation & Cloud Survey: The Future of Enterprise Data captures major trends and attitudes toward the use of data through a global lens of respondents in legal, technology and procurement roles, across a large cross-section of…
The COVID-19 pandemic has caused an unprecedented global crisis, including notable disruptions of international trade and supply chains, which have presented new challenges and risks to companies doing business internationally. The pandemic also exposed vulnerabilities in supply chain infrastructure, such as a lack of diversity in suppliers, weaknesses in offshore sources of supply and insufficient contractual remedies to deal interruptions in the supply of key products and services, among others. What should companies be doing…
Included in the portfolio of emergency relief offered under the Senate’s $2 trillion coronavirus aid package is a direct loan program designed to provide financial assistance to mid-sized businesses suffering from the economic impacts associated with the COVID-19 pandemic. As part of the broader mandate to the Department of the Treasury in connection with the relief programs created under the CARES Act, Title IV of the Act authorizes the Treasury to allocate $454 billion to…
In this episode of Connect On Tech, your host Brian Hengesbaugh is joined by Adam Aft and Peter George, two partners in Baker McKenzie’s Chicago office. Together they will discuss the 2019 Cloud and Data Survey. Tune in to learn: Key trends identified through the surveyTips and strategies for managing multiple provider cloud implementationsBest practices for navigating data residency requirements https://open.spotify.com/episode/3yTXAmfHkVQp0Ju2ARTEP2
We are delighted to launch the results of our 2017 survey and provide our readers with a free copy. Simply click to download here.The results provide our updated cloud data, both identifying continuing trends and benchmarking contractual terms and conditions. This data is a valuable reference for providers and customers navigating the increasingly complex cloud marketplace. We also have very exciting new data on digital disruptions and transformations that are having enterprise-wide impacts on our…
Part of the b:INFORM 2015/2016 Cloud Survey Trend Series1. Buyers and Providers Identified Integration of Bundled Cloud Offerings as a Key TrendAccording to our survey, both Buyers and Providers identified the integration of bundled cloud offerings as a key trend going forward. Increasingly, according to our survey, business solutions will be comprised of more than one cloud offering. For example, a solution may include a platform as a service component provided…