SANTA CLARA, Calif., Feb. 24, 2012 /PRNewswire/ -- Today, SiliconExpert Technologies, the leading provider of electronic component management tools, officially releases a Counterfeit Risk algorithm that forecasts the likelihood of an electronic part to be targeted by counterfeiters. Using historical data points on previously counterfeited parts, SiliconExpert's latest algorithm helps provide a proactive and realistic approach to combating counterfeits in the supply chain.
The algorithm assigns counterfeit risk scores through rigorous data analysis of many factors such as lifecycle, market shortages, and price hikes which have been found to be key motivational factors for counterfeiters to target a part. SiliconExpert's Counterfeit Risk algorithm has been created to be a dynamic indicator of counterfeit activity as the electronics industry moves forward.
"Current solutions to mitigate counterfeit issues in the electronics industry are reactionary. Electronic part counterfeit mitigation should not just be reactive based on known counterfeit reports only, but proactive as well," says Mohammad Ahmad, Product Manager at SiliconExpert Technologies. Each electronic part in the SiliconExpert database now has a risk score of the likelihood of it being targeted by counterfeiters. The percentage offers a quantifiable approach for evaluating electronic component counterfeit risk that helps customers know where to focus their counterfeit mitigation efforts.
"It is unfeasible to test every single electronic part to determine counterfeits. With SiliconExpert's Counterfeit Risk Algorithm, guidance can be provided to focus testing efforts on parts most likely to be counterfeited," adds Ahmad.
Get a first look at SiliconExpert's Counterfeit Risk algorithm during a free webinar on March 8th, 2012. Register for the event at http://www.siliconexpert.com/webinars/reg-counterfeit-algorithm-2012
Find out more about SiliconExpert's Counterfeit mitigation solutions at http://www.siliconexpert.com/counterfeits
About SiliconExpert Technologies
SiliconExpert Technologies' Electronic Parts Database is one of the most accurate, comprehensive and current in the industry covering 185 million electronic components in hundreds of product lines from over 10,000 suppliers. End-of-life (EOL) forecasting, finding Cross References (form, fit and function alternatives), Lifecycle statuses, Parametric Data and Product Change Notice (PCN) alerts are a few of the features of SiliconExpert's suite of products that provide Part Search, BOM Management and Obsolescence mitigation solutions. SiliconExpert's customer base includes leading commercial and government OEMs, top-tier authorized distributors, contract manufacturers and component suppliers. Learn more about SiliconExpert Technologies' solutions at http://www.siliconexpert.com.
SOURCE SiliconExpert Technologies