Brand protection business case
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Any company that manufactures or consumes electronic components in their products has always had to deal with a volatile component marketplace.
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Brand protection business case
- 1. New Momentum | Brand Protection Business Case Any company that manufactures or consumes electronic components in their products has always had to deal with a volatile component marketplace. But now globalization and outsourcing are making the situation significantly more challenging. In particular, companies are struggling with how to protect their intellectual property in a rogue world—particularly when outsourcing to low cost regions. One Tier 1 global enterprise (Whose name remains confidential for security purposes.) found that the combination of setting up an “intelligence” department within the company, and a new Brand/Intellectual Property Protection software solution from New Momentum helped them protect their brand and their revenues. Problem: There were four key issues that were the catalysts for finding a more effective way to protect the company’s brand and IP. • As this company expanded its operations globally, quality issues began to appear in their customers‘products. Research into these problems revealed that remarked or counterfeit parts were used—a problem that could lead to a loss of both reputation and revenues. • There was a potential loss of revenues from existing partners buying “excess” products on the open market, instead of at “good partner” prices. • Since their business plan focused on moving to more of a royalty‐based and less chip‐ based business model, they needed to find a way to let partners know they were serious about protecting their IP and their brand. • As one of the few companies who started early developing patents and investing huge amounts in partner development, much of this company’s culture was built around knowing what’s coming, out‐engineering and investing the competition, and then winning in the stage of world trade. As a result, they were concerned that their features would begin appearing in competitors products, causing their reputation and culture to suffer. Originally, these issues were handled in the legal department, within the gray‐market committee meetings. Once they discovered that their own partners must be “dumping” their products, they knew a stronger focus was required. Because their strategy was to move to an increasingly royalty based business model, it necessitated their investment in a group focused on the gathering/monitoring side of IP protection so they could “caution” the partners. Page | 1
- 2. The initial product the “intelligence” team selected for brand and IP protection had a packaged series of reports that created some basic activity statistics: Quantities by product line/part with trend lines up and down; activity by region, as in new companies within country; Top ten data (most quantities, biggest selling companies). However, unlike New Momentum, which is focused on the high tech/electronics industry, this solution’s main focus was luxury brands and pharmaceuticals. Reasons for Selecting New Momentum • Since New Momentum focused only on the high tech/electronics industry, the company understood the gray market and its dynamics. • New Momentum’s ability to gather unstructured information from a variety of open market sources and provide access to several kinds of data including email‐based data was important because this problem is bigger, more multi‐ dimensional, and more at the street level than management had previously thought. New Momentum’s ability to quickly tune our data, change formats, search in different ways, etc. makes it easier for the customer’s intelligence team to get the different kinds data they need rapidly. The Solution The first step—setting up search criteria: New Momentum began our process with a four‐part group of search criteria that the customer created: Software – the SDKs that allow a carrier (or unauthorized channel) to program each chip type for use on a carrier network; older chips; current chips; and the newest chipsets. For all these groups, there are multiple “strings” which are actually searching for the same physical item – each chip has both a product family part number and a “street” part number. Using their advanced technology, New Momentum gathered unstructured data from market web sources, XML data sources and gray market emails. They then combined any results around the designated product family. Recently, a whole new dimension of advanced searching by “features”, or “capabilities” rather than chip names or product family codes has been added. The next step‐‐ import and confirm visibility In this step New Momentum gathers all the raw data which could include duplicates, market echoing, misnamed products, and other products that aren’t our customers’ products but show up anyway. At this point, New Momentum cleanses the data, filtering out the “noise” and confirming the visibility of their products. Page | 2