BEVERLY HILLS, Calif.--(BUSINESS WIRE)--SmartFlow Compliance Solutions today makes its public debut with innovative products designed to help companies combat intellectual property (IP) theft and establish effective in-house compliance programs. Once deployed, SmartFlow detection, identification and analysis software intuitively compiles data and provides insight to clients on how non-compliance and piracy are affecting their business, customers, and income. Armed with actionable information, businesses can easily enforce compliance and recover lost revenue.
As companies continue to expand globally into emerging economies, information security and software piracy are becoming major business obstacles. According to a recent study by the Business Software Alliance (BSA), an estimated 43 percent of software installed today is not properly licensed, which equates to more than $63 billion in lost revenue.
“Software piracy is becoming a rampant global epidemic with significant impacts on businesses and the economy,” said Ted Miracco, CEO of SmartFlow. “We’ve developed a turnkey solution, that allows businesses to start seeing ROI immediately. Armed with SmartFlow, our clients proactively take charge of the situation by tracking down pirated versions of their software and compiling the data to take necessary action against IP theft. We streamline the compliance enforcement process, so it’s simple and effective for companies to recover this valuable source of revenue, while protecting their paying customers from unfair competition.”
With security concerns at the forefront of every IT executive’s mind, many businesses are actively seeking ways to combat IP theft and recover lost revenue. Several large, established global companies are already signed on as customers, and today SmartFlow protects more than $4 Billion of IP in the electronic design automation (EDA), computer-aided design (CAD), Computer Generated Imagery (CGI), manufacturing, automotive and energy-petroleum software markets.
Supported by more than a decade of development, the company’s powerful SmartFlow tools apply best practices from effective license compliance programs within the world’s leading companies. Technologically advanced and globally far-reaching, SmartFlow’s data collection capabilities offer a superior approach to competitive solutions. They can be fine-tuned to comply with specific information regulations across the globe, which facilitates the most comprehensive data reporting, supporting a stronger case against both blatant IP thieves as well as companies that may be unintentionally non-compliant.
Now available, the SmartFlow product suite includes SmartFlow Software Development Kit (SmartFlow SDK), which monitors applications to ensure they are being used in compliance with licensing terms, and SmartFlow Professional or SmartFlow Enterprise programs, which provide everything a company needs to establish an in-house compliance program.
SmartFlow technology is licensed on a subscription basis, starting at $5,000 USD. For detailed pricing or more information, contact info@smartflowcompliance.com.
About SmartFlow Compliance Solutions
SmartFlow Compliance Solutions helps companies combat intellectual property (IP) theft and establish effective in-house compliance programs to recover this valuable source of revenue. SmartFlow’s suite of products includes the SmartFlow Software Development Kit (SDK), which monitors applications to ensure they are being used in compliance with licensing terms, and SmartFlow Professional or SmartFlow Enterprise programs, which provide everything a company needs to establish an in-house compliance program. For pricing or more information, visit http://www.smartflowcompliance.com.
