Technology Licensing is a very broad term but the concept is very simple – under any license, one party, usually the owner or developer, (“Owner/Licensor”) grants another party, the customer or licensee (“Customer/Licensee”), certain specified rights. These rights grant the licensee the legal right to utilize the licensed property in a particular manner (i.e. internal […]
We have previously visited the benefits associated with a cloud-based applications but understanding the risks is equally important. Here we will investigate what business and legal risks can arise when negotiating a SaaS application. Risks Associated With SaaS Applications for the Purchaser Privacy and Data Security A client’s confidential data and critical proprietary will be […]
A swift rise to the cloud – Undoubtedly, the paradigm of software enterprise is shifting away from on-site to being hosted remotely through cloud applications, and this change has occurred remarkably rapid. Here, we will take a closer look at the benefits and risks of utilizing cloud-based applications. The Benefits of a SaaS Application for […]
There are countless of businesses today that depend on cloud-based software for everyday operations. In spite of the frequent use, recent news of data breaches shed light on the potential vulnerability of all software systems. With this, every software developer should make sure that they have an agreement in place that is strong and well […]
Technology licensing agreements are contracts or arrangements that involve an owner of a technology-based intellectual property, also known as a licensor, who will accept compensation in exchange for allowing an outside party, known as the licensee, resell the property, make alterations to it, or simply use it. The following are some of the most frequently […]
