ALPS enables novel licensing models (e.g. pay-per-use) addressing the demand from manufacturers to offer customers the opportunity to enable/purchase product features after the point-of-sale decision, while minimising production costs by paying licensing fees only when those features are used and not when devices are manufactured.
For innovators fair and accurate remuneration is essential when licensing their intellectual property (IP). However, current business practices for calculating and processing royalties are largely manual, slow and prone to error. ALPS (Automated Licensing Payment System) delivers an end-to-end, fully digitised platform that unlocks value by increasing royalty accuracy, reducing the need for non-value-adding audits, and enabling innovative licensing models that are in high demand (e.g. pay-per-use).
- ALPS Gen.1
- Fully automated smart-licensing based payment processes
- ALPS Gen.2
- Enabling novel licensing business models, eg pay-per-usage
- ALPS Gen.3
- Enabling advanced licensing business models, e.g. feature activation on demand