Intellectual Property

In today's business environment, it is essential that you know your business-critical vendors have the intellectual property (IP) to support their product offerings. Vendors that do not have the right to use the underlying technology of their products may become entangled in legal problems – even an injunction that could shut down their business completely.

FPX is the only product configuration provider with the proven patents that broadly cover the configuration space. FPX applications are covered by the pioneer patents in the configuration space.

FPX traces its history to 1983 as the inventor of the product configuration solution. Over the years, we have spent in excess of $100 million on R&D. Today we are shaping the SaaS configuration market and we continue to be innovators with our new solutions. It is expensive in terms of time, talent and money to accumulate and maintain this level of IP protection for our products and customers – but essential in today's world.

If you are evaluating a product configuration vendor, remember to ask (and get in writing), "What patents does your company own that cover your configuration product offering?"

Obama: "There's nothing wrong with other people using our technologies. We just want to make sure that it's licensed and you're getting paid."

Article: Why All Small Businesses Need Software Patents