Software Escrow is a service where an independent party, the escrow agent, holds the Source Code of an application 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.
Software Escrow Guardians is an escrow agent and holds source code for in-production software as well as for in-development software.
Why put source code in escrow:
* 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:
1. What happens if the company supporting your mission critical software cannot support that software any more?
2. Do you have an escrow clause in your software development agreement?
3. Do you have an escrow clause in your software licence agreement?
4. SAAS, financially very compelling but supplier risks are still there and are higher. Where and who is holding your data? Where and who is hosting the User Interface? Do you have an escrow clause in your SAAS licence agreement?
Ph: +64 9 623 0513
Em: escrow@SoftwareEscrowGuardians.com
Company Details
- Employees
- 1
- Founded
- -
- Address
- P O Box 94, Auckland,1140,new Zealand
- Industry
- It Services And It Consulting
- NAICS
-
Computer Systems Design and Related ServicesOther Computer Related Services
- Website
- softwareescrowguardians.com
- HQ
- Auckland
Software Escrow Guardians Limited Questions
Software Escrow Guardians Limited's website is softwareescrowguardians.com
Software Escrow Guardians Limited's LinkedIn profile is https://nz.linkedin.com/company/software-escrow-guardians-limited
Software Escrow Guardians Limited has
1 employees.
View email and phone details for 1
employees at Software Escrow Guardians Limited.
Software Escrow Guardians Limited's industry is
IT Services and IT Consulting
Software Escrow Guardians Limited's top competitors are
Asage Retail Consulting Group,
Maxim Software,
Hearne Software,
Executive Software Limited,
Curio - Software For Museum Exhibitions,
New Zealand Software Association,
Massive Software,
Black Software,
Arena Retail Performance Solutions Ltd,
National Software Escrow, Inc..
Software Escrow Guardians Limited's categories are IT Services and IT Consulting
Software Escrow Guardians Limited's founding year is 1991
