Dwight Olson
V3Data, Principal, San Diego, CA, USA;Chair, LESI IP Valuation Committee

Cloud computing “lets” the service provider mine data, but how do we deal with ownership, recovery, control and value propositions. Cloud computing only makes these issues more complex with loss of direct physical access over the data. We need to think clearly about the issues and perhaps include new terms in our “cloud licenses” just as ICANN did. Maybe we should think about data as “trade secrets” or provide provisions for third party audit (similar to a financial auditor) that monitors integrity. These would be a good start for LES licensing professionals. Welcome to the cloud!