My presentation “Auditing Your Cloud Transaction,” took place at AuditWorld 2012. In the presentation, I covered:
- How to develop strategies to create an audit framework that will cast light on where your information goes
- Which provisions to modify in a contract to provide greater audit transparency and rights
- A matrix of issues and laws that you can use
- How you can partner with your cloud provider to strengthen the reliability of your audit
Copies of my slides are here
At WorldHostingDays I presented a statistic about the percentage of revenues MegaUpload represented to Carpathia Hosting. Although my sources were credible and corroborated, after further investigation, I believe that statistic to be wrong.
Late Tuesday afternoon I attended the acquisition Q&A panel. The panelists represented a wide range of buyers and transactional styles. Moderator Frank Stiff presented an interesting initial question: what do you do when you receive information about a potential acquisition. Ditlev Bredahl of OnApp used a “mind map” that at each branch used a green, yellow or red light that would guide his decisions about whether an acquisition was feasible or not. Endurance used Cheval Capital to run interference on deals sorting through those deals that were appropriate for Endurance and those that were not. Since Softlayer is a technology company, Mike Jones, Softlayer’s CFO, said that the technology must be right. So Softlayer runs all acquisitions through a technology feasibility program. Hillary Stiff from Cheval pointed out that really at base you need to understand what your motivations are for buying, and using that understanding to only evaluate those transactions that meet your criteria.
The team at Intergenia has put together the first ever “World Hosting Days Asia” this week in Bangkok. The event has certainly exceeded the modest expectations of the organizers. In Rust, I was told that the Intergenia expected no more than 100 attendees. Based on only the scanned badges on Thursday, over 500 people are here, spilling out of ballrooms and conference rooms into the lobby of the host hotel.