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Focused eforts
will lead to success in the online world!
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Are You Looking for Selling or Buying Software Intellectual Properties?
Software developers who
spend their sleepless nights catching deadlines while re-inventing the
wheel, there’s good news—a ‘super market’ where software modules, codecs
or patents can be licensed, bought and sold.
The 21st century has created a new world order to manage businesses more
effectively. 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.
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Similarly,
Software Intellectual Properties (SIPs)
are now making gradual inroads. SIPs represent an innovative and promising
new approach for engineers to speed up the design and development cycle.
During the course of a software development project, most companies find
themselves racing against time, in order to meet the tight deadlines that
they have committed themselves to. Deliver within an end-to-end software
development project involves a range of intermediate software components,
which have to be developed by qualified programmers, debugged, and
customized as per the client’s business requirements. The whole process
takes up resources such as trained manpower, development and testing time,
computing time, and other associated overheads.
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As a technology
professional handling a software development project, if you were offered
ready-to-use software components that could instantly fit into an
application and remove the need for developing them from scratch, surely
it would go a long way in speeding up your software development cycle.
This is actually possible now, through software intellectual properties.
What
is Software Intellectual Properties (SIPs)? Software Intellectual
Properties are ready-to-use software components and source code for
various technology applications. A range of reusable components and code
are available as SIPs: 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 them and then tailor them to an application. A SIP is
therefore a time-saving solution.
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Who Creates Software Intellectual Properties (SIP)? 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.
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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. For example, in the process of developing a Bluetooth software
component for a wireless embedded application for a customer, some of the
developer’s priorities would be to:
- Create a product that fits the customer’s environment in terms of
programming language.
- Customize it to suit the customer’s business application;
- Match the memory requirement to the customer’s product;
- Create a component with low MIPS (million instructions per second)
requirements, so that it can run on small mobile devices. Such products
have a wide range of applications, with the differentiation mainly
required through customization for particular business applications
How to identify right product for your business needs?
As is evident in the two examples cited above, developers build in a
certain amount of adaptability into their SIPs, to ensure that they are
easy to integrate into a software project. Adaptability is a key factor in
SIP selection, so the key phrases to look for include: OS-independent,
conforming to coding standards, scalable, customizable to the application,
optimized for various hardware platforms, adaptable programming languages,
optimized for any application, etc.
Online search for SIPs
opportunities can be explored at portals like IPSuperMarket.com (www.ipsupermarket.com)
or designandreuse (www.designreuse.com) – and their services are available
worldwide to businesses, technical experts and software developers.
IPSuperMarket.com is a portal that connects buyers and sellers of
software-related IPs. In other words, Ipsupermarket brings buyers and
sellers together in one platform, which helps them to communicate directly
for various software codecs, ip, patents or reference design. It has a
powerful search feature that can narrow down your search to the exact
specifications that fit your requirements. If you are a seller, you can
list your products with precise technical parameters, to ensure accurate
matching with buyer needs.
About Ipsupermarket IPSuperMarket.com is unique portal that provides convenient way of trading
Intellectual Properties, software codes or codecs. IPSuperMarket.com
provides a much needed online venue for people anywhere in the world to go
online to purchase or sell the any kind of software patents, technology,
reusable codes, formats or design elements.
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