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 Priezkalnshttp://revenueprotect.com

Eric is the Editor of Commsrisk. Look here for more about the history of Commsrisk and the role played by Eric.

Eric is also the Chief Executive of the Risk & Assurance Group (RAG), an association of professionals working in risk management and business assurance for communications providers. RAG was founded in 2003 and Eric was appointed CEO in 2016.

Previously Eric was Director of Risk Management for Qatar Telecom and he has worked with Cable & Wireless, T‑Mobile, Sky, Worldcom and other telcos. He was lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press.

Related Articles

2 COMMENTS

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

Comments are closed.

Get Our Weekly Newsletter by Email