Source Code Escrow
Source code escrow, often referred to as software escrow, is one of the most common technology escrows that organizations implement. Software and source code escrow will protect code, configurations, virtual materials and any other critical or confidential documentation related to the software.
SaaS Escrow
If you have a software as a service (SaaS), a robust escrow solution may be required to protect the many facets of that software. Because a software as a service isn’t like a traditional on-premises software, which typically gives the end user complete access to a fully functional application, a SaaS makes the user much more reliant on the owner. If the owner’s server crashes, for instance, the software user will suffer downtime in a SaaS model. The end user would be insulated from that risk with on-premises software that runs on a server controlled by the end-user.
In an escrow relationship, the SaaS’s source code, executable code, virtual machines, data and any other components of the solution should be stored by the software source code escrow company. In the event that the SaaS vendor goes out of business, the software can be restored to the customer immediately. More on this important topic with the upcoming eBook “The Joys of SaaS Escrow”.