In 21st century Technology companies are actively looking for ways to improve operational efficiencies. The new business mindset is—‘If there’s a method by which something can be done quicker or cheaper, why not use it? '. This trend initially paved the way for outsourcing as a means to significantly reduce the cost of services. Today Technology companies are facing major problems to develop their own IP due to
- Rapid Technological advancement
- Time Constraint
Hence, they are actively looking for Procure various Software IPs; Whereas majority of them are looking for how to promote their IPs? Due to - Limited Geographical Market
- Less visibility in Online Market
- Lack of proper & credible platform to promote their IPs.
What is Software intellectual property (Software IP)?Software Intellectual Properties are ready-to-use software components and source code for various technology applications. Such software IPs are: audio codecs , video, codecs speech codecs & image codecs , wireless technologies, embedded software, reference design, device drivers, RTOS (Real-Time Operating Systems), etc. Instead of allocating resources to developing such software components in-house, you can actually buy or sell them and then tailor them to an application. Software IP is therefore a time-saving solution.
Who Creates Software Intellectual Properties (Software IP)?
Reusable software components and code are developed by technically qualified individuals or companies. These reusable components and code are the intellectual property of the individual developers, or the company for which they work. They are offered for a price, and companies can purchase the IPs and then adapt them to suit a particular application.
If a technically-qualified developer has already spent time and effort in creating a reusable and customizable software component, it is certainly worth exploring and evaluating. Trading in SIPs is gradually gaining acceptance worldwide as a viable way to achieve operational efficiencies. It is a logical progression in the software industry, where there is a large talent pool of trained individuals constantly experimenting with innovative software components.
About IPsupermarket.com
IPsupermarket.com provides a platform for technology Companies to trade their Software IPs; who are operating in Semiconductor, Embedded, IT, Telecom, Media, Mobile and Wireless communication. It is a niche Soft IP portal in which sellers can list their software IPs/Codecs. Hence buyers can access the variety of Software IPs listed in IPsupermarket.
- As a Seller’s perspective, it will be another marketing channel to promote, advertise and market the software IPs. Hence our Platform could be another sales Channel for you or we could be serve as Strategic partner to promote your Software IPs
- Where, as a Buyer’s point of view o It would be great marketing channel to compare and procure various IPs. o It saves the huge technology development cost. o It also saves the great amount of time to be spent on for development.
For further information & corporate presentation about IPsupermarket, kindly contact to info@ipsupermarket.com
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