Software Escrowtech Services in Chennai - Chennai

A Software Escrow Arrangement is an agreement where both the parties to a software license agreement are protected. In the case that both parties agree on a release event, it grants a Licensee access to a Software Vendor's source code. The Software Vendor deposits their source code in an escrow account, which is held in a safe location, either on-premises or in the cloud. If a release condition is met, the agent will transfer the source code to the Licensee. A Software Escrow Arrangement safeguards a Software Vendor's interest while also allowing a Licensee to maintain their investment in the software or intellectual property if the Software Vendor is unable to continue. In the event of unforeseen events that may compromise the software's continuous operation, we provide secure, off-site storage of source code. By storing software code in a secure location and granting access whenever a pre-agreed event occurs, we protect Software Vendors and Licensees in particular.


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