A Growing Problem The theft of Intellectual Property (IP) is estimated to inflict a cost that exceeds $225 billion in counterfeit goods pirated software and the theft of trade secrets, and could be as high as $600 billion annually to the U.S. economy alone. That is according to a 2017 update to The IP Commission … More The Need for Rights Management in PLM Todays
By Roger Wigenstam, VP of Products at NextLabs| Beyond Cyber-Hacking: The Growing Threats of Internal Theft and Data Mishandling Designers and manufacturers of high tech products and services, particularly in aerospace and defense, have always spent huge amounts of money to protect intellectual property (IP) from loss and leak. The bulk of security efforts typically … More Protecting Intellectual Property for Product Lifecycle Management (PLM): The Right Way to Do Rights Management
By E.K. Koh, VP of Solutions at NextLabs | The direct financial costs include future loss of revenue when trade secrets are stolen today. According to the Battelle Foundation report “2013 Global R&D Funding Forecast”, the financial costs of intellectual property theft – internal and external – are compounded over time. When trade secrets are stolen, … More What are the Financial Costs of Data Loss?
by Andy Han, Senior VP of Products & Engineering at NextLabs and Jason Enzweiler, Senior Product Manager at Siemens Increasing intellectual property threats, globalization and collaborative product development have something in common: the need for premium protection of intellectual property. Intellectual property is estimated to represent 70% of a company’s assets and around 6% of … More CAD Under Siege with Persistent Threats that Require Persistent Protection