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Cybersecurity, Data and Tech

International: TMT Takeaways for the 2021 DT and Cloud Survey

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In brief

Digital transformation is here to stay. Cloud services and the use of data are accelerating and DT programs evolving as businesses adapt to the current pandemic and position themselves to remain competitive. Data remains a crucial asset in the digital economy with its collection, storage, location, analysis and protection all critical to success.

Our latest Digital Transformation & Cloud Survey provides compelling insights on digital transformation (DT) trends including:

  • what types of technology are businesses investing in to drive DT (and how);
  • main challenges they face undertaking DT; and
  • key current trends in cloud contracts both providers and users of cloud services should be aware of.

Here we highlight the key takeaways from the Survey for the TMT Sector, as it remains at the forefront of DT. These takeaways showcase the exciting opportunities available for TMT businesses (and key risks to anticipate) in 2022 and beyond.

Read the TMT Takeaways here.

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Author

Anne-Marie Allgrove is a partner in the Sydney office of Baker McKenzie. She is also the Global Chair of the Firm’s Technology, Media and Telecommunications Industry Group and Practice Group and is recognised in both Chambers and The Legal 500 as a leading individual.

Author

Adam Aft helps global companies navigate the complex issues regarding intellectual property, data, and technology in M&A and technology transactions. He is the lead of the Firm's North America Technology Transactions group and co-leads the group globally. Adam also served as a law clerk to the Honorable Leslie H. Southwick of the US Court of Appeals for the Fifth Circuit and the Honorable Theresa L. Springmann of the US District Court for the Northern District of Indiana.

Author

Steve Holmes co-leads Baker McKenzie’s global and EMEA IP, technology and data teams. Steve is rated by the UK legal directories as a leading lawyer in the outsourcing, telecoms and technology categories, which state:

"Steve Holmes has a proven way of cutting through the noise and is collaborative in getting deals done". (Chambers UK, 2024, Information Technology and Outsourcing)

"He is very commercial and experienced . . . He is definitely someone you want on your side in a tough negotiation." (Chambers UK, 2020, Telecoms).

“Steve is a superstar. He builds rapport like no one I've ever seen and gets deals done efficiently and with finesse." "He's one of the top lawyers in the outsourcing market" (Chambers UK, 2020, Outsourcing).

"Very strong." "Excellent academically and commercially." (Chambers UK, 2020, Information Technology).

“Steve Holmes brings a combination of expert and commercially relevant analysis that is very much appreciated.” (Legal 500, 2020, IT and Telecoms).

Clients commend his "wealth of experience in the IT world and for his understanding of where the market is and where the technology is developing," and comment that “his customer service is great and he challenges us to think creatively." (Chambers UK, 2019, Information Technology).

Author

Jason Irvine-Geddis is a Lead Knowledge Lawyer, TMT in Baker McKenzie Belfast office

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