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Veteran Silicon Valley attorney Heather Meeker returns to the Compliance Manager Summit, March 8, to share insights and experiences on adapting legacy licenses to today's software landscape.
Chances are your legacy agreements don't reflect the realities of virtual, software-as-a-service, or cloud platforms. “Any software license you have that’s older than seven years would probably have some issues,” Meeker says. And although many software vendors are updating their agreements as they roll customers to new products, many vendors aren’t, and it’s up to you to uncover the difference.
“Today contracts should correctly explain what the licensee can do with the software, and 90 percent of the time it’s right,” says Meeker. “But the 10 percent that’s not right is because the vendor hasn’t figured out their cloud strategy either.”
Cloud contracts today are no less technical than legacy contracts when it comes to detailing certain terms that would prevent you from doing certain things with the software, Meeker says. Today’s contracts are no more intuitive. Yet, “people make assumptions, not unrealistically, that their use of the software isn’t really changing just because the physical servers are not located on premise.”
How can you determine if your pre-cloud contract enables you to do what you need your software to do? What are your risks and how will you protect your interests during an audit? Attend Meeker’s session; Legacy License Agreements Gotchas You Need to Know and find out.
Don't miss this fourth annual gathering of compliance industry specialists from around the world. The Compliance Manager Summit delivers more insights into the trends, challenges and strategies facing software compliance managers today than any other event. For the full agenda and to register, visit IBSMASummit.com.
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