What's your one tip for negotiating cloud contract terms with vendors?
1.5k views1 Comment
Sort by:
Content you might like
Traditional methods can sometimes be just as effective as cutting-edge innovations?28%
Technology can lead to a depreciation of fundamental skills?44%
Technological innovations often introduce unnecessary complexity, making processes less accessible and more expensive?35%
Stressed or overwhelmed by the pressure to constantly adapt to new technologies and methods?24%
Technological progress is driven by human needs and experiences rather than just what is technologically possible?10%
Rushed App Assessments33%
Mistimed work effort60%
Poor landing zone design46%
Wrong emphasis during migration26%
Other (share below)1%
Only one 😬
Thoroughly understand the vendor's pricing model and make sure it aligns with your needs and usage patterns. For each cloud vendor, it's critical to understand the various pricing tiers and options available, such as pay-as-you-go versus reserved instances, and negotiate accordingly. You should also ensure that the contract terms include the flexibility you need for scaling up or down as your needs change, as well as clear service level agreements (SLAs) with penalties for downtime or other service disruptions. This is an area that a consultant can be highly effective at getting what you want & understanding market conditions.
Finally, required for any contract - have a solid understanding of the security and compliance posture to ensure that your company's data is protected and meets any regulatory requirements.