WeDo Patents Data Gathering Technology

WeDo, the Portuguese business assurance vendor, has secured a UK and European patent for a new data collecting technology; see their press release here.

The new product is described as a “Communication System with Distributed Risk Management Solution (DRMS)”. Details are limited, but the purpose is to gather data about communication activities using a novel technology that is suited to decentralized IP networks. By the sounds of it, the technology will be levered to enable IP network variations of offerings for revenue assurance and fraud management, and possibly also for legal intercept of traffic and management of content.

The importance of securing patent rights has been underlined by the intensity of recent patent battles between big high-tech corporations, and also by the increasing threat posed by patent trolls. Depending on the existence of alternatives to WeDo’s new data gathering technology, this little story may be revealed as a big factor in any future valuation of WeDo’s business. It definitely shows that WeDo are thinking ahead by investing in R&D.

Eric Priezkalns
Eric Priezkalns
Eric is a recognized expert on communications risk and assurance. He was Director of Risk Management for Qatar Telecom and has worked with Cable & Wireless, T‑Mobile, Sky, Worldcom and others.   Eric was lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He was a founding member of Qatar's National Committee for Internet Safety and the first leader of the TM Forum's Enterprise Risk Management team. Eric currently sits on the committee of the Risk & Assurance Group, and is an editorial advisor to Black Swan. He is a qualified chartered accountant, with degrees in information systems, and in mathematics and philosophy.   Commsrisk is edited by Eric. Look here for more about Eric's history as editor.
  • Ravish

    How should this be different from Dpi-deep packet inspection ?

  • rajun

    didnt find DRMS on wikipedia so i dont understand the connection between data collection and risk managment