SEATTLE, May 6, 2024
/PRNewswire/ -- Tangibly, Inc., the leading SaaS trade secret
management platform, today announced the launch of its consulting
services offering. Designed to complement its trade secret
software, the services are in response from customer feedback and
requests for more personalized bespoke engagements with Tangibly
specialists.
Trade secrets continue to gain attention and value, particularly
with growing uncertainty around the enforceability of non-compete
agreements. Recent rules announced by the US Federal Trade
Commission raise serious questions about the utility of these
agreements. Historically, many companies relied on non-compete
agreements as an indirect method of protecting valuable company
confidential information and trade secrets. Without such
agreements, companies will have to directly protect their
confidential information and trade secrets. This sea change
represents a major shift in the strategy by which companies protect
their valuable intellectual property assets.
"We are excited to add personalized consulting services alongside
our suite of AI tools for managing trade secrets,"
commented Tim Londergan, CEO of Tangibly. "We continue to see
a shift in priorities away from patents and towards trade secrets
for a variety of reasons including increased difficulty in securing
meaningful patent protection, higher costs for both obtaining and
enforcing patents, growing employee mobility, and the rapid
development of technologies outpacing the patent office timeline.
AI presents amazing new capabilities for companies, but also
poses risks to maintaining confidentiality. Customers
often ask for additional help in securing their trade secrets, and
we are proud to be able to assist."
Consulting offerings
Tangibly is flexible and will custom tailor consulting services
to meet their clients' needs, all with the goal of building a
culture of valuing trade secrets and improving protection of these
valuable assets. These services can include:
Establish AI Guidelines &
Hygiene: LLM and AI/ML tools can be powerful
enablers, but also can carry great risk to keeping your valuable
information confidential. Tangibly can audit and suggest
policies and procedures that allow your team to effectively use
these tools while minimizing risks.
Gain competitive
intelligence: Insightful
reports can be
prepared, comparing a
company's trade secrets against
predicted trade secrets from competitors or across an entire
industry. Actionable insights
and suggested next
steps will be
provided to maintain
your competitive advantage.
Perform trade secret
"health check"
audits: Tangibly
can work in
collaboration with in-house
counsel or outside
law firms to
compare a client's
trade secret policies
and procedures against
industry best practices. Reports will identify actionable
steps to improve protection of trade secrets.
Strengthen HR
procedures: HR
plays a critical
role in reducing
risks around trade
secrets during both employee
onboarding and offboarding workflows. Tangibly can audit and
suggest improvements to HR forms and procedures.
Educate and
train: Personalized,
industry-specific training can
be provided live
or via videoconference
to increase employee
understanding of trade
secrets and how
to handle them
appropriately.
Visit www.tangibly.com/consulting
to learn more.
About Tangibly
Tangibly's SaaS platform enables companies to implement
best-in-class management of their trade secrets. Trade secrets can
be almost anything, from algorithms to chemical processes to client
lists and are among the most valuable assets for many companies.
Tangibly helps streamline and simplify legal requirements and
implement best practices to establish company assets as
legally protectable trade secrets. These best practices
include cataloging assets, acknowledgment workflow,
access management, tracking required
legal agreements (NDAs, employment agreements,
partnership agreements, etc.), as well as employee/partner
education and training.
Media Contact:
Raul Sheen
377257@email4pr.com
206.419.4207
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SOURCE Tangibly Inc