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Software Escrow for applications installed on-site
For organisations using applications installed on-site, Software Escrow Agreements permit an independent specialist to hold and test a copy of your application's source code to ensure it is accurate and can be compiled independently in the event of a release. This protects you against the "what if?" scenarios and puts you in control of your third-party software investments, offering you assurances and continuity for the investments you make.
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Benefits of an on-premise Software Escrow Agreement from SES
Safeguard your investments
Protects your investment in third-party developed applications and ensures uniterrupted access.
Ensure deposits are accurate
Validates the source code for your application, ensuring it can be rebuilt into a working application.
Ensure business continuity
Ensures continuity for your business-critical, revenue-generating, highly customised or bespoke applications.
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How does Software Escrow for on-premise applications work?
Because businesses have unique requirements when it comes to Software Escrow protection, all of our Escrow agreements have their own nuances. However, the diagram shows a simplified Software Escrow cycle.
Software Escrow protects your third-party licence agreements and ensures the continuity of your business. An independent Escrow Agent is legally permitted to hold and validate a copy of a software application’s source code, including all relevant documentation on behalf of the software user.
If the supplier is unable to maintain the service, the code and supporting documentation can be released to the end-user so that they or an alternative third-party can continue to maintain the application.
For End Users of business-critical applications, a Software Escrow Agreement protects you against the developer of your business-critical applications no longer being able to support their applications.
For Software Developers, an Escrow Agreement helps build credibility and trust that you have your clients interests at heart.
In its simplest form, an Escrow Agreement is a tri-party agreement between an End User, a Software Developer and a third party Software Escrow Agent. The Developer licenses the application to the End User as usual but also deposits a copy of the source code for the application and any other material required to accurately redeploy the application into Escrow which can then be released to the End User if a release event contained within the Escrow Agreement is triggered.
The answer to this is entirely dependent on the level of protection you need. SES offers a range of Software Escrow Agreements depending on how many clients will be added to the agreement (for Software Developers), how many business-critical applications the agreement will be used to cover (for End Users) and whether the application/s in question is installed on-premise or delivered through a SaaS model.
Secure your software’s future today
Our specialists are ready to develop a tailored Software Escrow strategy that protects your critical digital assets.