Software As A Service Escrow. The concept is simple. With a software escrow contract the developers source code or other technologyintellectual property is managed in a secure escrow account held by a designated neutral and trusted third party.
It enables many businesses to use software located in a vendors cloud instead of their own infrastructure. At an alternative data centre if there are issues at third party data centre. Escrows for source code have long been a source of confusion among buyers.
Escrows for source code have long been a source of confusion among buyers.
At an alternative data centre if there are issues at third party data centre. It enables many businesses to use software located in a vendors cloud instead of their own infrastructure. Software escrow involves the deposit by a software vendor of the source code for their software with a third party escrow agent. With a software escrow contract the developers source code or other technologyintellectual property is managed in a secure escrow account held by a designated neutral and trusted third party.