The Need for Rights Management in PLM Todays

A Growing Problem

steal.jpgThe 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 Report.1

Co-chair of the bipartisan, independent Commission on the Theft of Intellectual Property (IP Commission) Admiral Dennis C. Blair, former Director of National Intelligence, states that “the massive theft of American IP—from companies and universities across the country, from U.S. labs to defense contractors, from banks to software companies—threatens our nation’s security as well as vitality. This report is just the latest reminder of its scale and critical importance. more “The Need for Rights Management in PLM Todays”