Chris Smith

SaaS Escrow Services Market Research, 2031: Unlocking Growth and Mitigating Risks

SaaS Escrow, Source Code Escrow, Technology Escrow / By

According to Allied Market Research, the SaaS escrow services market is poised for significant growth, reflecting the increasing importance of safeguarding access to critical cloud-based applications. In 2021, the global market stood at $5.4 billion, and it’s projected to surge to $18.4 billion by 2031, boasting a remarkable CAGR of 13.4% from 2022 onwards.  Understanding […]

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Enhancing Security and Efficiency: The Case for Switching to PRAXIS’ Automated Escrow Solution for Student Information Systems Software and SaaS Companies

SaaS Escrow, Software Escrow, Source Code Escrow, Technology Escrow / By

Student Information Systems (SIS) software and Software as a Service (SaaS) companies play a crucial role in modern educational institutions, providing essential tools for managing student data, academic records, and administrative tasks. As guardians of sensitive information, these companies must prioritize security and compliance to safeguard data integrity and maintain trust with their many clients.

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The Seven Fundamentals of Software/SaaS Escrow Agents: Ensuring Trust and Security in the Digital Era

SaaS Escrow, Software Escrow, Source Code Escrow, Technology Escrow / By

In today’s rapidly evolving digital landscape, the protection of intellectual property (IP) and critical software assets is paramount for businesses worldwide. Software as a Service (SaaS) and software-based companies heavily rely on their proprietary technology to drive innovation, competitiveness, and revenue generation. However, the inherent risks associated with technological advancements, such as data breaches, system

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Comprehensive Summary of California’s Escrow Regulations for Ballot Tally Software Program Source Codes

News, SaaS Escrow, Software Escrow / By

The article delves into the regulatory framework established by the California Code of Regulations concerning the escrow of ballot tally software program source codes. This process involves collaboration between the state, vendors, and escrow companies and is governed by eight distinct articles under Title 2, Division 7, Chapter 6 of the California Code of Regulations. 

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Safeguarding Trade Secrets in Medical Manufacturing: The Role of Escrowing Manufacturing Processes

SaaS Escrow, Software Escrow / By

In the competitive landscape of medical device manufacturing, trade secrets are often the lifeblood of businesses, providing them with a unique edge in the market. These trade secrets encompass a range of proprietary information, from manufacturing processes to formulations, crucial for maintaining a competitive advantage. However, when selling a medical manufacturing business built upon these

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Case Study: Safeguarding Business Continuity

SaaS Escrow, Software Escrow / By

PRAXIS’ Automated Software Escrow Depositing and Technical Verification Services Ensure Uninterrupted Operations and Avoidance of Costly Repercussions for a Financial Services Giant In the rapidly evolving technology landscape, businesses rely heavily on mission-critical software for seamless operations. This case study explores the pivotal role played by PRAXIS’ solutions, namely Automated Escrow Depositing and Technical Verification

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Technical Data Escrow is the New Black

SaaS Escrow, Software Escrow / By

The U.S. Army sustainment community is addressing the challenges of emerging cyber threats, evolving technology, and innovation by near-peer adversaries. To support modernization efforts, the Army is reevaluating its approach to managing intellectual property (IP) which is vital for the military’s ability to modernize weapons systems while maintaining technological dominance. One such approach is technical

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10 Best Practices for Beneficiaries: Maximizing Protection in Software / SaaS Escrow Agreements.

SaaS Escrow, Software Escrow / By

This white paper outlines the ten best practices for beneficiaries when setting up software and Software as a Service (SaaS) escrow agreements. In the fast-paced world of technology, safeguarding digital assets is crucial. Escrow agreements act as a safety net, ensuring access to essential software and SaaS applications even in unforeseen circumstances. This document discusses

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EscrowED: Exploring Software & SaaS escrow requirements implemented by states, industry organizations and corporations.

SaaS Escrow, Software Escrow / By

About this series: The software / SaaS  and technology escrow industry is unregulated but many states, industry organizations and corporations have implemented software escrow requirements to protect their investment in business critical software and SaaS applications. In this series of articles we will explore the different approaches taken to require escrow and discuss the challenges

EscrowED: Exploring Software & SaaS escrow requirements implemented by states, industry organizations and corporations. Read More »

EscrowED: Exploring Software & SaaS escrow requirements implemented by states, industry organizations and corporations.

SaaS Escrow, Software Escrow / By

About this series: The software / SaaS  and technology escrow industry is unregulated but many states, industry organizations and corporations have implemented software escrow requirements to protect their investment in business critical software and SaaS applications. In this series of articles we will explore the different approaches taken to require escrow and discuss the challenges

EscrowED: Exploring Software & SaaS escrow requirements implemented by states, industry organizations and corporations. Read More »