The Knowledge Group
The Knowledge Group

Brian Powers, Founder/CEO, PactSafe to Speak at the Knowledge Group’s Managing SaaS Agreements Webcast

New York, NY, December 03, 2015 --( The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Brian Powers, Founder/CEO, PactSafe will speak at the Knowledge Group’s webcast entitled: “Managing SaaS Agreements: Risk Management and Best Practices.” This event is scheduled for January 19, 2016 from 3:00pm – 5:00pm (ET).

For further details, please visit:

About Brian Powers
Brian Powers founded PactSafe in 2013 and currently serves as its President and CEO. Powers is a licensed attorney, and prior to PactSafe, focused his law practice on representing technology businesses in their start-up and growth phases.

About PactSafe

Founded in 2013 and located in Indianapolis, PactSafe is a digital transaction management platform for web forms. We give your customers insight into and control of the millions of legal transactions happening on the web and in mobile apps. Legal teams can easily draft & publish agreements, we have a developer toolkit called Vault for easy implementation, and - most importantly - we empower teams to make data-driven insights into the risk of their online business.

Event Synopsis:
There is little doubt that the shift from local to remotely hosted cloud software applications is progressing rapidly in many industries. Keeping costly IT infrastructure continues to decline as SaaS subscriptions are adopted. A recent study finds that Software-as-a-Service (SaaS) is already heavily used in many industries. Even those that are slow to adopt advanced technology, such as the insurance industry, have adopted SaaS. At least 25 percent of all insurance companies use SaaS.

Yet, it's crucial for consumers to take into consideration the advantages, risks, and liabilities associated with SaaS agreements.

SaaS adoption reduces the customer’s need for dedicated, internal IT resources, personnel, and hardware. Usually, there is an annual subscription. Saas is more easily and rapidly deployed and configured with lower cost, no maintenance, and optional scalability. There is an assumption of increased data security and information privacy.

However, if the Internet access is compromised or the hosted application is not available, business operations can be significantly impaired. Bankruptcy or insolvency of the cloud provider can prove to be a disaster even if there is a disaster recovery plan. Failure of the host to compliance with increasingly stringent data security and privacy regulations and breach notification can result in legal actions.

The risks and liabilities point to the importance of having a carefully reviewed contractual agreement with a SaaS provider. Due diligence and legal review of the agreement will help to reduce the complications, costs, and regulatory liabilities such as SaaS failure and cloud provider problems or bankruptcy.

In this two-hour, live Webcast, hosted by The Knowledge Group, a panel of key thought leaders and practitioners will discuss the advantages and disadvantages of adopting SaaS. This interactive course will help company executives, counsel, and IT managers understand the importance of developing and managing SaaS agreements. Speakers will also help firms better understand how to identify pitfalls and mitigate risks.

Key issues that will be covered in this course are:
- Software-as-a-Service Agreements – An Overview
- Key Considerations and Benefits
- SaaS Application and Termination
- License Agreements
- Recent Legal Issues
- Data Privacy and Security Compliance
- Potential Liability and Risks
- Best Risk Management Practices

About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars 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. To contact or register for an event, please visit:
The Knowledge Group
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