In today’s digital age, engineering life cycles, business models, distribution channels and services have dramatically changed.
“Innovation is driven by open source software,” wrote Christof Ebert, Managing Director of Vector Consulting Services for The Institute of Electrical and Electronics Engineers’ (IEEE) Computer Society Magazine. “Today, we rarely see traditional software development, where one company designs and builds an application, or product from scratch and then integrates and evolves it within a defined market. That’s no longer a healthy business case. Companies are moving to the applications and service level, increasingly relying on reused, externally available components.”
Industrial companies — realizing global competition is fierce and Open Source Software (OSS) is the emerging business model — are increasingly becoming advocates of open source technology and innovation. It’s why over 40 businesses, including such reputable firms as Johnson Controls and Caterpillar, are members of Open Invention Network.
Printing Industry Leader Heidelberg Demonstrates its Support of the Digital Future
Heidelberger Drucksmachinen (Heidelberg) — a driving force of digital transformation in the printing industry which uses open source in its software and document management solutions — joined the Open Invention Network community.
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Caterpillar, An Innovator Since 1886, Ensures Proper Management of Its Intellectual Property And Joins Open Invention Net
Caterpillar Inc. has joined Open Invention Network to protect its patents. The global enterprise has 736 pending U.S. applications, 4,857 issued U.S. patents, 3,278 pending foreign applications and 3,150 issued foreign patents.
Caterpillar — the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives — is an American Fortune 100 corporation which designs, develops, engineers, manufactures, markets and sells machinery, engines, financial products and insurance to customers through a worldwide dealer network. It is the world’s largest construction equipment manufacturer and was ranked #65 on the Fortune 500 list and #238 on the Global Fortune 500 list in 2018.
Keep the IoT Free – Patent Battles Not Welcome
As the next wave of the Internet evolves, the Internet of Things (IoT) will transform industries and provide fresh opportunities for technological advances. In fact, Gartner estimates there will be 20.4 billion IoT-connected components worldwide by 2020, and more than 50% of major new business systems will include an IoT element.
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Open Invention Network Announces New Members
Since it launched in 2005 with strong industry support and financial backing from Google, IBM, NEC, Phillips, Red Hat, Sony, SUSE and Toyota, Open Invention Network (OIN) continues growing at a fast pace. This year, 471 companies became licensees, expanding the community of companies covered under OIN’s royalty-free license. This represents a 20% growth over last year. Fourth quarter of 2018 has been the busiest quarter since Open Invention Network was established with 218 new licensees, eclipsing the record of 210 new licensees in second quarter of 2015.