UNDERSTAND USE OF HOSTING, SUBSCRIPTIONS SERVICES, APPLICATION SERVICE PROVIDER (ASP), SOFTWARE AS A SERVICE (SAAS), AND THECLOUD
Information technology is available in a number of different forms so that businesses now have a variety of options to consider. One of the fastest growing areas of technology licensing and acquisition for businesses is the use of hosting, subscription services, ASP, SAAS, and the so-called cloud. Today, almost any IT resource can be delivered to a business as a cloud service, from proprietary databases and software applications to networkconfiguration. Remote workplaces and the use of e-commerce will likely remain a more common way of doing business following the massive and widespread transition to these workspaces and platforms resulting from the COVID-19 pandemic. Many businesses have already come to rely on these remote access computing services to run business applications without a large investment in new servers or other hardware. These cost saving measures can be attractive but require special scrutiny as new legal issues arise as a result of these new methods of technology delivery. As noted above, the cloud has become a popular and economical way to provide disaster recovery services. Given that cloud service providers use the internet or a private network to deliver their services, businesses are exposed to data loss and services outages. One way to minimize risk of network failure is to engage with multiple cloud service providers. However, businesses may find a multiple vendor solution impractical because of a lack of interoperability between cloud service providers.
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