December 16, 2024
By Stella Bui
Ho Chi Minh City – December 16, 2022 – Laidon is proud to announce that it has successfully acquired the intellectual property rights for its flagship software product – SimpleMDG. This important step ensures that the company has full control over the distribution, licensing, and development of the product.
The software, which has been in development for over two years, is a groundbreaking solution in the field of master data governance. It allows organizations to efficiently manage and govern their master data, helping them to ensure data quality, minimum costs, and achieve operational excellence.
With the acquisition of the intellectual property rights, Laidon is now able to fully protect its intellectual property and ensure that its hard work and innovation is recognized and rewarded. This will also allow the company to confidently enter into partnerships and licensing agreements with other organizations.
“We are thrilled to have secured the intellectual property rights for our software product,” said Matthew Phu, CEO of SimpleMDG, “This is a major milestone for the company and allows us to take the next steps in bringing our innovative solution to market.”
Laidon plans to bring further updates on the development and launch of SimpleMDG in the upcoming months. The company will also be looking for partnerships and licensing opportunities to help bring the product to a wider audience.
Laidon provides consulting services and enterprise solutions for managing master data and data quality. Laidon, a certified SAP partner with offices in the United States, Japan and Vietnam, created SimpleMDG, which is an SAP BTP cloud-native application for Master Data Governance with over 70 out-of-the-box SAP S/4HANA data models and workflows that support powerful governance while eliminating the need for slow, complex, and expensive customizations.
SimpleMDG provides enterprises with the functionalities to implement business rules, data standards, and validations to govern the processes of master data maintenance and deliver data quality. Most importantly, no front-end coding is required.
Website: https://simplemdg.com
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