writes: "eWeek has a lead story about companies that have been catching the ASP bandwagon, and now are finding themselves high and dryas ASPs are going out of business. I may be old, but I remember when I was writing applications being used by other companies, that the contracts had agreements that provided for the source code to be held in escrow in case the company that I was working for went out of business. Does this mean that common sense is no longer a virtue in the Internet age? Just whispering a few hot terms like "ASP" makes the CIO of a company blind to any financial exposure that an application has to another company's future? Geez!"
This is one thing that scares me about various companies' plans to take care of your data and apps. And unlike "Perpetual Care" at ye olde cemetery, you're still around to feel if the perpetual care stops.