IP Solutions
The Lab X Technologies Model:
Design Services | IP Solutions | Product Concepts
Classic question is build or buy:
Each company has their own core technology and “value add”. At Lab X Technologies our core focus is AV connectivity. As such, we have invested large amounts of time into the development of Intellectual Property (IP) specific to connectivity. By developing IP for a number of clients to license, no one company bears the burden of this extensive development, thus then entire client pool reaps the collective benefit. Additionally, Lab X continues to update, maintain, and improve our IP which helps further insulate our clients from “gory details” of the underlying technology, and protect their investment.
By leveraging Lab X’s mature IP offerings, our clients reduce design risk, which in turn minimizes time to market. This yields dollars to your bottom line faster! Could your design team come up to speed on a new connectivity technology? Probably. Why reinvent the wheel? But rather than wasting your precious design resources, why not utilize them to focus on your specific “value adds”. For every day a one million dollar annual revenue product is delayed to market, it costs roughly $5,000! Time is money! You can be confident that your connectivity needs are addressed by Lab X IP, without all of the expensive development, debugging, and schedule slips associated with becoming proficient at a necessary, but not core differentiating, connectivity solution.
Utilizing Lab X IP will save you money.