Saturday, May 26, 2012 Last update: Yesterday, 6:04 PM
U.S. Technology Company News from the Inside

Software Piracy Experts Launch Compliance Data Service

Companies mentioned in this article: V.i. Laboratories

WALTHAM, Mass. -- (BUSINESS WIRE) -- To accelerate the identification of companies using unlicensed software, software intelligence solutions provider V.i. Laboratories (“V.i. Labs”) today announced the industry’s first data service to automatically match license infringement records to a named business entity, enabling independent software vendors (ISVs) to quickly and accurately address the unlicensed use of their applications.

“As we surpass the identification of more than $2 billion in software misuse, it’s critical that we match this growth with new data services to quickly identify the non-compliant businesses,” said Victor DeMarines, vice president of Products for V.i. Labs. “The V.i. Labs Data Service offers a scalable and unique approach to automate the task of matching infringement data to actual businesses and simplify the revenue recovery process for ISVs.”

Piracy is a huge siphon from the software industry’s revenue stream and research shows that it increases every year. According to a report by Network World, corporate cases pursued by the Software and Information Industry Association (SIIA) had an average of 567 employees and annual sales of nearly $441 million. And the Business Software Alliance estimates the value of pirated software reached a staggering $59 billion in 2010. To recover these lost profits, software vendors are beginning to use data gathering tools to collect information, or “software intelligence”, on the use and abuse of their products - half of which usually occurs within existing customers.

V.i. Labs pioneered the concept of software intelligence with its CodeArmor product line. With V.i. Labs’ solution, software vendors are able to identify thousands of organizations overusing or pirating applications. Vendors need to know who is misusing their software in order to recover license revenue. Simplifying the matching of incoming infringement data with its respective business entity is key to streamlining the recovery process for vendors.

The V.i. Labs Data Service (VDS), an extension to CodeArmor Intelligence, accelerates the process for customers by automatically matching license infringement records with non-compliant organizations. VDS combines business information from Data.com, Whois domain registries, IP geo-location databases and federated organizational databases of non-compliant organizations from current V.i. Labs deployments to identify infringing organizations’ names and addresses.

The VDS is supported by V.i. Labs analysts who are responsible for monitoring and qualifying the non-compliant organizations database, responding to data challenges and ensuring a constantly fresh service. To learn more, please visit: http://www.vilabs.com/products/v-i-labs-data-service/.

About V.i. Laboratories (V.i. Labs)

V.i. Labs offers software providers solutions to identify, track, and create actionable intelligence on the use and misuse of their software to increase revenue. Its CodeArmor® platform is used by leading software providers to recover revenue lost to unlicensed software use, gain compliant customers and globally reduce the pirated use of their software applications. Customers have identified more than $2 billion in revenue recovery opportunities and are adding an average of 10 to 25 percent additional revenue to their bottom lines. V.i. Labs is privately held and headquartered in Waltham, Mass. For more information, please visit www.vilabs.com, follow us on Twitter (@vilabs), or read our blog, Code Confidential.

V.i. Labs also sponsors the Software Piracy Initiatives Forum on LinkedIn. The forum was created to give software vendors a venue for discussing these issues and to share their experiences to minimize piracy's impact on the industry.

©2011 V.i. Laboratories, Inc. All rights reserved. V.i. Labs, the V.i. Labs logo, and CodeArmor are trademarks or registered trademarks of V.i. Laboratories, Inc. All other product and brand names herein are trademarks or registered trademarks of their respective owners.


Copyright © Business Wire 2012
Contact:

V.i. Laboratories, Inc.
Michael Goff, 781-398-3451
mgoff@vilabs.com
or
PAN Communications
Daniel Thompson, 617-502-4300
vilaboratories@pancomm.com