BlogSoftware Escrow Guardians is an escrow agent and holds source code for in-production software as well as for in-development software.
Software Escrow is a service where an independent party, the escrow agent, holds a copy of an application's Source Code on behalf of the software user and the software developer. If the Software developer cannot support the application, (for example, bankruptcy), the Source Code is released to the Software User. The Software User can then make modifications to the software as they see fit.
- risk mitigation - protection of the licencee in the event the software house fails;
- improve sales - assures purchasers that they have access to the source code should an escrow release event occur
When should you put source code in escrow:
- When the cost of an escrow service is less that the cost of not being able to modify your critical corporate applications.
- Software escrow should be part of your business continuance strategy.
Questions to ask:
- What happens if the company supporting your mission critical software cannot support that software any more?
- Do you have an escrow clause in your software development agreement?
- Do you have an escrow clause in your software licence agreement?
Escrow services are applicable to small and large companies, national and international companies, software developers and software users.
Software Escrow Guardians clients include:
- government departments
- military
- multinational companies
- transnational companies
- medium sized companies
- small software developers
- medium software developers
- large software developers
in a range of business activities:
- banking
- manufacturing
- education
- health
- defence
- transportation
- mining
Certified
for Microsoft Dynamics
Software Escrow Guardians is an Industry Partner for the provision of software escrow services to the Certified for Microsoft Dynamics program
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