Loeb & Loeb Partners Ken Adler and Akiba Stern Co-Author Report with HfS Research on Sourcing for the Cloud

Loeb & Loeb partner Ken Adler, Chair of the firm’s Technology and Outsourcing Group, and partner Akiba Stern co-authored “Getting Smart About Sourcing for Cloud: How Cloud Computing is Impacting Business and how Enterprises Should Plan and Source for it” with Phil Fersht, founder and CEO of HfS Research, and Robert McNeill, HfS Research Vice President.

While Cloud Computing is refashioning the cost, quality, speed and flexibility by which businesses can access—and suppliers can deliver—services to support business needs, its rapid adoption has caused many organizations to struggle to develop management disciplines, standards and best practices to manage effectively both IT and business risks. “Getting Smart About Sourcing for Cloud” provides both business-function and IT executives with a detailed assessment of Cloud adoption strategies and an analysis of business benefits, concerns, challenges and contractual issues that need to be addressed, as well as discussing the key service providers provisioning Cloud Computing services in today’s market.

“Companies across every vertical are struggling with contracting and legal issues when adopting Cloud Computing solutions,” says Ken Adler. “We are pleased to have teamed up with the industry thought leaders at HfS to create a report that provides a concise review of these difficult issues, based on real-world contract negotiations.”

“This report advances to the ongoing development and evolution of Cloud commercial, risk and legal models,” adds Akiba Stern. “Organizations are clamoring for more information about and greater clarity regarding Cloud offerings and how they should react to them.”

Click here to download a PDF version of the report. 

Kenneth Adler is a partner and chair of the Technology and Outsourcing Group in the New York office of Loeb & Loeb LLP. He focuses his practice on complex global and domestic outsourcing and technology transactions, including drafting and negotiating all types of outsourcing and technology agreements for both business process and information technology outsourcings. Mr. Adler regularly advises clients on outsourcing strategies and all facets of technology transactions and sourcing, including with respect to cloud computing, e-commerce, information technology, emerging technologies, and telecommunications, and on related intellectual property, privacy and data security issues. He can be reached at kadler@loeb.com or 212.407.4284. 

Akiba Stern is a partner with the Technology and Outsourcing Group in the New York office of Loeb & Loeb LLP. He concentrates his practice on outsourcing, technology-enabled business transactions, e-commerce, technology transfers, licensing, intellectual property and joint ventures. Mr. Stern assists clients with outsourcing transactions and strategic alliances, as well as with structuring, negotiating and implementing commercial strategies, alliance structures, pricing models, governance arrangements, change management protocols, contract administration and supplier compliance strategies. He can be reached at astern@loeb.com or 212.407.4235.