2022-10-17

Agreements Include Software Assurance as a Mandatory Purchase

In the world of software procurement, it is becoming increasingly common for companies to include software assurance as a mandatory purchase in their agreements. But what exactly is software assurance, and why is it so important?

Put simply, software assurance is a type of insurance policy for software products. It provides customers with access to technical support, software updates, and upgrades for a specified period of time. This means that if a software product malfunctions or needs to be updated, customers can receive assistance from the software vendor without incurring additional costs.

Software assurance is often included as a mandatory purchase in software agreements for a number of reasons. For one, it ensures that customers have access to the latest versions of software products, which can help them stay competitive and efficient in their business operations. Additionally, it provides customers with peace of mind knowing that they have access to technical support should they encounter any issues with the product.

Another benefit of software assurance is that it can help reduce the total cost of ownership for software products. Rather than having to pay for individual upgrades or technical support services as they become necessary, customers can pay a single fee upfront for a defined period of coverage. This can help them better budget for software expenses and avoid unexpected costs down the line.

Of course, not all software assurance programs are created equal. It is important for customers to carefully review the terms and conditions of their software agreements to ensure that they are getting the coverage they need. Some important factors to consider include the length of coverage, the scope of technical support services offered, and any restrictions or limitations on the use of the software product.

In conclusion, including software assurance as a mandatory purchase in agreements is becoming an increasingly common practice in the software industry. This provides customers with access to technical support, software updates, and upgrades for a defined period of time, helping them stay competitive and efficient in their business operations. However, customers should carefully review the terms and conditions of their software agreements to ensure that they are getting the coverage they need.

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