Software escrow is a solution designed to protect the interests of all parties involved in a business critical software license,, including the software developer, the licensee, and the escrow agent. The purpose of software escrow is to ensure that the source code and other critical components of the software are available and usable in case […]
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SaaS, or Software as a Service, is a popular delivery model for software applications in which the provider hosts the application and makes it available to customers over the internet. SaaS has become an increasingly popular option for businesses of all sizes, as it eliminates the need for companies to invest in and manage their
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A software escrow agreement is a contractual agreement between a software vendor, a licensee, and a third-party escrow agent. It is used to protect the interests of the licensee in the event of the software vendor’s bankruptcy or other unforeseen circumstances that may result in the vendor’s inability to support the software. The agreement requires
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Software as a Service (SaaS) has revolutionized the way companies operate. It provides businesses with the flexibility to use software without having to invest in expensive hardware or infrastructure. However, as more companies move their data to SaaS providers, the risk of data loss when a SaaS provider goes out of business is becoming increasingly
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Software as a Service (SaaS) escrow and software escrow solutions are two distinct yet related concepts in the software industry. While both provide a form of protection for users of business critical software, there are fundamental differences between the two. This article aims to explain the differences between SaaS escrow and software escrow. To begin
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A seasoned technology attorney understands the importance of employing technology escrow services to ensure that a business client that relies on critical software has these added protections. Virginia Fournier walks through the key steps. Ever wonder how much you can save on automated escrow solutions? Check our calculator or read the article. Read her article
10 tips to drive the greatest value from today’s escrow solutions Read More »
PRAXIS is proud to provide Redi2 with an Automated SaaS escrow solution that can keep pace with their rapidly growing technology. Learn More
Client Case Study: Redi2 Read More »
PRAXIS is a neutral third party provider of Software, SaaS and Technology escrow services worldwide. We store physical and electronic escrow deposits for the benefit of our clients. PRAXIS voluntarily implemented SOC 2 compliance to demonstrate to our clients that we are committed to protecting their intellectual property. This level of commitment is rare in
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Software and SaaS companies that offer business critical technologies often encounter “software escrow requirements” when pursuing new, enterprise clients. Software escrow agreements are a form of contingency plan that larger corporations use to protect their business critical software applications. An escrow can provide access to a running continuity site, data back ups, source code, documentation
5 Reasons to transfer your software escrow agreements to PRAXIS Read More »
Software and SaaS companies that offer business critical technologies often encounter “software escrow requirements” when pursuing new, enterprise clients. Software escrow agreements are a form of contingency plan that larger corporations use to protect their business critical software applications. An escrow can provide access to a running continuity site, data back ups, source code, documentation
3 Ways to Boost Your Bottom Line with Automated Software Escrow Read More »