The Software-as-a-Service (SaaS) model for providing subscription-based software hosted in the cloud is not new. However, the growth in the usage of SaaS products has exploded in recent years for many reasons, including the increased adoption of cloud computing, the rise of remote work and distributed teams, and the growing demand for software solutions that are flexible, scalable and cost-effective. In addition, advancements in technology such as artificial intelligence, machine learning and the Internet of Things are also contributing to the growth of the SaaS market.
 
As the market for SaaS products advances, the legal considerations and best practices with respect to contracting for SaaS products continue to evolve. Corporate and technology counsel should be aware of the current state of contracting in the SaaS market, which includes key issues such as the rise in multivendor bundled solutions, use of artificial intelligence in the cloud, mitigating the risk of dynamic and hyperlinked contract terms, addressing the risk of service suspension, negotiating (or not) service levels and other performance measurements, and disaster recovery and business continuity commitments.
 
Key topics to be discussed:
  • Current State of Contracting in the SaaS market
  • The Rise in Multivendor Bundled Solutions
  • Use of Artificial Intelligence in the Cloud
  • Mitigating the Risk of Dynamic and Hyperlinked Contract Terms
  • Addressing the Risk of Service Suspension
  • Negotiating (or Not) Service Levels and Other Performance Measurements
  • Disaster Recovery and Business Continuity Commitments
 
This course is co-sponsored with myLawCLE. For more information and to register, visit the event page

Pillsbury Panelists

Sponsor

Federal Bar Association

Co-Sponsor

myLawCLE