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Software Escrow Increases Sales Revenue for Web-Based Order System Development Firm |
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 In 2002 a successful facilities maintenance company developed an exclusive, web-based work order system that allowed clients to send and monitor work orders from start to completion. This system was so successful in scheduling and providing services that clients wanted their own web-based work order system to send and monitor work orders from start to completion to all of their vendors and in-house maintenance staff to better manage their operations. To deliver this powerful application NetFacilities, Inc was formed in 2002 and officially released their solution for live use in 2003.
NetFacilities was quickly able to gain the attention of many organizations, both small and large, that realized the potential efficiencies and cost savings of managing their facilities via the NetFacilities tool. <more> |
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Software Escrow Industry Marks Silver Anniversary |
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In 1982, entrepreneurial groups on both coasts of the United States realized the business world had embarked on a new era of relying upon technology and businesses would become increasingly dependent upon software and the intellectual property of others. Recognizing this spawned projections that companies would soon incorporate source-code protection into their overall risk-management strategies. Data Securities International (DSI) and Fort Knox Escrow Services, became the first-ever software escrow providers, and laid the groundwork for what would become one of the most critical business tools of the 21st Century.
Initially, the overall demand for such protection was quite minimal, primarily due to limited computer usage that was confined to governments, acadecmic institutions and large companies for mission critical applications. <more> |
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Escrow Associates Increases Support Staff to Service Unprecedented Growth |
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Recognized for its state-of-the-art media vault facilities, customizable software escrow agreements and industry leading consultative services, Escrow Associates enters its fifth year by doubling its sales and service support teams to accommodate the demands of its clients and continuous growth.
“While each of the founding partners of Escrow Associates had extensive experience in the software escrow industry prior to forming our company, our initial business model called for controlled growth while we implemented and perfected all of our unique software escrow agreements and services,” says Chris Smith, Vice President of Sales for Escrow Associates, LLC. <more> |
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