WHAT A DEVELOPER/VENDOR NEEDS TO KNOW
Source code is intellectual property and an asset that is often the result of significant investment so protection of that asset is paramount to your business, so it will be confronting to enter into escrow agreements for the first time.
We can assist with this process through offering a trusted relationship and many ways to reduce effort in creating and managing escrows. Many sales are held up as a result of establishing escrow agreements but this can be avoided by having a solid master escrow agreement in place allowing future licensees to participate in the escrow through the addition of a schedule tailored to your customer. This reduces the effort of creating escrow agreements in full for each customer. Our master agreement templates can be tailored to your business saving hours of work.
Also consider using a hot-backup or continuous build service from APPS Global to achieve economies of scale with your escrow. Using escrow as a hot-backup of your software development infrastructure is the most cost-effective method of achieving these business mandates. Several models exist, including an on-site concentrator computer that holds high data volumes for later transmission to our servers.
We offer industry standard security on network transmissions of standard source code deposits and have people who can talk to your engineering staff on technical matters. Any source code transmission to APPS Global is monitored by actual staff, and servers are disconnected after the transfer.
If you are a software developer and having to provide source code escrow to your customers, here are some questions you may want to pose in your organisation:
Next, learn about Intellectual Property Asset Protection.
If you are interested in escrow
Then you may also be interested in other services from AIIA.biz that help mitigate risk and protect your investment in technology, such as Insurance and Intellectual Property.