A recent global survey of Chief Information Officers and IT executives found that 60% of CIOs in the US and 48% in Europe are pursuing a cloud computing approach. The main benefits of cloud-based services include obtaining greater flexibility for the organization, reducing costs, increasing operational efficiency and pursuing new technological developments. Along with these alluring benefits, however, come significant risks and operational and legal challenges associated with the adoption of cloud-based services. The key question addressed in a recent white paper co-authored by Loeb & Loeb and PA Consulting Group is how should organizations contract and prepare for outsourced cloud-based services to ensure a viable and sustainable business case, reduce operational and legal risks, and deliver improved business performance?

Read the complete white paper for best practices and critical strategies for the successful adoption of cloud-based services to achieve better business benefits and lowered costs at an acceptable risk level.