The manufacturing industry invests significant time and money in both innovation and reducing their ideas to practice. Intellectual property (IP) is immensely valuable and requires rigorous protection that can withstand legal challenges and meet requirements for demonstrating ownership, including the often challenging “first to invent” claims in the United States.
Using AbsoluteProof, customers can irrefutably prove the time of an invention or discovery, and when it was reduced to practice, satisfying one of the most critical criteria in proving IP ownership. A company that has a verifiable record of the time of creation and reduction to practice of its IP also has a significant advantage in IP litigation. An AbsoluteProof user can prove that the electronic records in support of their intellectual property are authentic, are theirs and have never been altered since creation.
The risk of losing one patent, not to mention several thousand trade secrets, ideas and institutional knowledge is a bet-the-business issue.
For the Enterprise, Your Data Equals Product - Your Crown Jewels
As companies migrate to electronic R&D processes to accelerate innovation and time-to-market, they need to ensure, at the same time, that they are protecting vital intellectual property and trade secrets, as well as meeting current and emerging regulatory requirements. By using AbsoluteProof, the legal team can irrefutably prove the time of an invention or discovery, when it was reduced to practice, and that electronic records kept in support of that IP ownership claim are authentic and have not been altered since creation. It is critical for companies to guarantee that their documents of innovation are authentic and legally verifiable.
For the Solo Inventor, Your Ideas Are Your Greatest Asset
The American economy is driven by new products and new innovations. Turning a simple idea into a million dollar product line is the “American Dream.” But watch out for the old David and Goliath scenario; big companies stealing a solo inventor’s idea isn’t anything new.
The responsibility is in the hand of the inventor to have accurate and corroborated records to prove they created and successfully demonstrated the innovation before others. To protect and legally defend your ideas you need proof that you own your ideas, that you came up with ideas at a particular point in time, and that you reduced your ideas to practice. You need a tool that both witnesses the creation of your ideas and defends the integrity of the electronic documents you generated to produce them.
AbsoluteProof’s Windows desktop version was designed specifically for inventors, entrepreneurs and anyone who needs to protect ideas and other important personal and business records. AbsoluteProof proves that the contents of any data file existed at a point-in-time and that the contents have not changed since that time – which is the proof you need to patent your idea. Ask us about our desktop version here.
"We use AbsoluteProof to protect our electronic intellectual property. We believe that the AbsoluteProof time-stamping procedure produces better integrity than a traditional written signature." – Tom Froeschle, Vice President of Research, Bose Corporation