Vera Partners with Autodesk and PTC to Eliminate IP Theft and Protect Trade Secrets

PALO ALTO, CA--(Marketwired - June 14, 2017) - Today, Vera (vera.com) the leader in data-centric security, announced two partnerships and product integrations with Autodesk and PTC, industry leaders in the global computer-aided design (CAD) market. Although manufacturers account for 12% of the total U.S. GDP and 80% of privately held patents, companies today still lack effective tools to control designs once shared with contractors, third parties, or foreign suppliers. With embedded, always-on security that travels with the data, Vera is the first and only solution that protects CAD files and data in Product Lifecycle Management (PLM) systems with persistent security and control. With a 360-degree audit trail, dynamic permissions, and a frictionless user experience, Vera is closing a critical data loss vector for manufacturers today.

"CAD and PLM solutions are the beating heart of innovation for thousands of companies and define billions of dollars in products and IP every year," said Ajay Arora, CEO and co-founder of Vera. "Because of this, these designs are a rich target for IP theft that can result in untold millions of lost dollars. That stops today. While Autodesk and PTC are known for their excellent security, the problem has always been a complete lack of control once designs leave these systems or are shared with external partners. Now, Autodesk and PTC users worldwide can maintain total control over their designs and trade secrets throughout the supply chain."

Vera partners with Autodesk and PTC for always-on security and control

Autodesk has built their reputation on not only their powerful suite of simulation, 3D design, and engineering solutions, but the trust designers have in the security and reliability of their ecosystem. Now a member of the Autodesk Developer Network (ADN), Vera provides an additional layer of critical security for teams working with AutoCAD and Inventor files that will protect data when designs are downloaded and shared externally, or if competitors attempt to access trade secrets.

Vera has also partnered with PTC, the leader in IoT and AR design software, to help drive PTC's mission of building the future of innovation. As part of the PTC Partner Advantage Program, Vera directly protects Creo Parametric designs created on-premises or shared to unknown networks and devices. Additionally, manufacturers leveraging PTC's Windchill PLM, can leverage Vera to auto-protect CAD designs checked in, checked out, or shared with security controls that persist with the data, anywhere and always.

With Vera's native support for Autodesk and PTC, engineering-driven companies can now:

• Dynamically control access and permissions for CAD files: Control how and what recipients can do with CAD files, regardless of where designs ultimately move.
• Proactively prevent competitors from accessing designs: With Vera, businesses can now encrypt and control access to confidential CAD drawings from creation to production, even after they're taken to untrusted networks or devices.
• Automatically integrate with PLM systems: Vera automatically secures CAD files as they're uploaded or removed from a PLM system to ensure security controls follow CAD files, anywhere and always -- without impacting designers' workflow.

Learn how Vera is helping leading manufacturing, financial services and media and entertainment firms at the Gartner Security & Risk Management Summit, taking place this week in National Harbor, MD. Visit booth #1028 for more information about our partnerships or integrations with Autodesk and PTC, or request a demo today.

About Vera
Vera is the leading next-generation data security company enabling businesses of all sizes to secure, track and share any kind of data, no matter where it's stored or located. With robust policy enforcement, strong encryption and strict access controls, Vera's data-centric security solution enables employees to collaborate freely while ensuring the highest levels of security, visibility and control. For more information, visit www.vera.com