When world hears about large corporations like GM, Ford, and Chrysler struggling for cash,there is one basic question on everyone mind. What will happen to the companies I do business with everyday. In the context of software industry, it boils down to a simple question. What will I do If my software vendor goes bust. What will happen to the all the plans I made based on it. How will I run operations or get the data back.  Answer: Get an Intellectual Property Escrow. Intellectual property will help you get access to all the source code, and help you build the system back even if the software vendor goes out of business. Here's a good FAQ on Intellectual property that can help you.I hit on three companies that offer intellectual property services, finally choose as we had some long history working with Iron Mountain. Iron Mountain: They offer Escrow for Saas apps, we had already worked with them and they can get it without any pain Escrow West: They claim to offer intellectual property escrow services for affordable pricesInnovaSafe: Escrow of software and Saas based softwareIf you have implemented ITIL based on Saas using www.service-now.com. It is time for you