The increase in insolvencies worldwide should prompt directors of South African companies to re-look how they will secure their own business continuity should any of their key suppliers fold and stop providing them with mission-critical systems.
And, while doing so, theyd be smart to consider active software escrow as the simplest and most cost-effective solution should they not own the IT systems that run their businesses, or be making extensive use of Software-as-a-Service (SaaS) or cloud-based computing services.
This is the no-nonsense advice of Escrow Europe MD Andrew Stekhoven, after reviewing numerous outlooks for business health for the remainder of 2022 and 2023.
If your business relies on SaaS hosted applications or if it lice…
Read the full article at: https://it-online.co.za/2022/11/29/global-insolvencies-should-prompt-sa-companies-to-re-evaluate-it-risk/