A guide to negotiating a Cloud contract

Global Businesses are leveraging the Cloud capabilities to meet the Global Customer needs, Scale out to new geographic locations, make efficient use of Operational expense & Capital expense , drive forward in innovative ways and accelerate the business growth. It is not hidden that Cloud Technologies can transform your business to touch new highs, it is extremely important to choose the right Cloud Service provider (CSP) who would be acting as a Backbone for your critical Business Applications and Processes. Choosing a CSP that fuels your Business’s growth engine and signing a Cloud Contract is crucial because this will have a direct impact on your Revenue, Growth, Financials, Market Competition and ultimately the future of your Business. In this Blog post, I am going to cover the important areas while negotiating a Cloud contract with any Cloud Service Provider(CSP). After reading this post, you will have a fair idea on which topics and terms should be agreed upon with CSP before signing a Legal contract with CSP. This Blog doesn’t cover each and every aspect of any Cloud contract but focusing on the most important ones.