Changing cloud contracts through laws, investment policies and leaving your vendor
‘Cloudification’ is a reality, and the cloud is no longer just another sub-domain of the digital sector. It is now the sector that controls all the others. Last year, Beltug took a look at how to negotiate and tender for hybrid IT, cloud and SaaS services, with the stories of KBC and the National Bank of Belgium. That session touched lightly on the issue of regulatory oversight facilitating the inclusion of certain clauses in contracts.
Takeaways from the Beltug X-change of 24 February 2022
24 / 02 / 22
‘Cloudification’ is a reality, and the cloud is no longer just another sub-domain of the digital sector. It is now the sector that controls all the others. Last year, Beltug took a look at how to negotiate and tender for hybrid IT, cloud and SaaS services, with the stories of KBC and the National Bank of Belgium. That session touched lightly on the issue of regulatory oversight facilitating the inclusion of certain clauses in contracts.
In this session, we provided an update on contracts, and broadened the idea of regulatory oversight as a facilitator, in theory and reality. All of the speakers highlighted that changing the way cloud contracts are currently made will require significant effort, but is both possible and underway.
The presentations from the event are available to Beltug members (after login).
- European Commission presentation: EU cloud governance update
- Osborne Clarke presentation: Contract hacking: how to turn those ‘take-it-or-leave’ contracts into balanced documents
- DPD User-story: DPD’s collaboration with Snowflake
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The Beltug Team
