Tim Cummins, President, International Association for Contract and Commercial Management to Speak at KC’s Contracting for Cloud Computing Services: What You Need to Know

New York, NY, December 20, 2011 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced that Tim Cummins, President, International Association for Contract and Commercial Management will speak at the Knowledge Congress’ webcast entitled: “Contracting for Cloud Computing Services: What You Need to Know.” This event is scheduled on February 14, 2012 from 12:00 PM to 2:00 PM ET.

For more information about this event and to register, please visit the event homepage: http://www.knowledgecongress.org/event_2012_Cloud_Computing.html

About Tim Cummins

Tim Cummins is CEO of the International Association for Contract & Commercial Management, a cross-industry non-profit organization which spans 140 countries. Tim started his career in Corporate Finance in the banking and automotive industries, before moving to a series of senior roles in Commercial Management. He led negotiation teams for sales up to $1.5bn in the aerospace and then technology sectors. For 12 years, he worked at the IBM Corporation, overseeing projects on business terms improvement and then joining the Chairman’s staff in New York, on a small team exploring the impacts of globalization on corporate structure and organization. He led reengineering of the worldwide contracts and pricing process, before leaving IBM to become co-founder and CFO of a successful venture funded software company. Tim then founded IACCM, which has grown to more than 23,000 members and is devoted to assisting organizations achieve improved results from their trading relationships. The Association’s work includes extensive research into new forms of offering, such as Cloud, and related contract and risk implications. In his role as CEO, Tim acts in an advisory capacity to many major international corporations and government agencies in both traditional and emerging markets.

Event Synopsis:

Migrating data from internal servers to “the cloud” has become a cost effective data management strategy for many firms in the last few years. Doing so however often requires entering into agreements with a number of complicated provisions which may lead to unexpected legal entanglements down the road. Businesses can potentially place themselves at risk if they do not scrutinize these arrangements before signing the contract. These risks are often related to data security, compliance, service availability and vendor lock-in which should make companies more mindful in purchasing cloud services. Companies really need to be in the know before moving to “the Cloud”

The Knowledge Group is producing a two-hour live web cast which will explore the issues and concerns surrounding cloud computing contracts. A panel of key regulators and thought experts will provide valuable information and analysis regarding contract provisions, risks and best practices.

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.

The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries. For further details, please visit the organization’s website: www.knowledgecongress.org.

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