27:
252:“'Summary judgment was Plaintiff’s chance to put its cards on the table and make an argument, rather than simply string-cite exhibits and insist that from the mosaic of exhibits a trade secret might emerge at trial,' Parrish wrote. 'Simply stated, this court will not do APT’s job for it by mining its trade secrets from the raw materials, dusting off known information and techniques, and preparing its case for submission to the jury.'
520:
238:
APT filed a lawsuit against the company MarketDial in June 2018 alleging that MarketDial's co-founders stole trade secrets that they had access to while working as consultants, and that the company infringed on a patent held by APT. The patent infringement claim was dismissed by a judge in
November
197:
that "a lot of the work I was doing as a consultant was very repetitive. I realized how much of it could be put into a software model.” In
September 2001, the company signed its first client. It expanded, and in 2006, Accel-KKR acquired a majority stake in APT with a $ 54 million investment, and in
225:
Commercial applications of APT's Test & Learn software have included food companies evaluating effects of new items on sales of existing products, as well as whether a promotional discount would be offset by increased sales of other products. The software has also been used non-commercially to
221:
In
February 2011, APT was awarded a patent that protects its core analytic technology for designing an in-market test and on matching test stores to control stores. One of the company's patents was invalidated in 2020 by the US district court.
425:
478:
249:" Parrish concluded APT fell well short of explaining what particular elements of its documents were not widely ascertainable or establishing how each had independent economic value as a secret.
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193:). Manzi had the initial idea for APT in 1988 when he thought of a test he could apply to a bank and its branches. He explained to
255:"She also expressed 'grave doubt' that APT had shown the information claimed as a trade secret was improperly acquired or used."
542:
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In April 2024, the presiding judge granted MarketDial's request for summary judgment. According to
Bloomberg Law:
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37:
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698:"Utah tech company wins six-year legal battle — for now. The startup says they defeated 'Goliath.'"
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analyze the effectiveness of a 911 diversion program for mental health related calls the city of
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326:
569:"Meet the man helping companies like Wawa and McDonald's make winning decisions using big data"
94:
240:
426:"APT has a legion of geeks that help analyze data so companies can make better decisions"
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621:"St. Louis mental health diversion programs helped residents and saved the city $ 2.6M"
264:
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777:
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503:
Davenport, Thomas H. (February 2009). "How to Design Smart
Business Experiments".
464:"What does Goldman Sachs' $ 100m investment in APT mean for big data analytics?"
449:
McCarthy, Ellen. "Applied
Predictive Technologies Makes Consulting Automatic."
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166:
722:"Applied Predictive Technologies, Inc. v. MarketDial, Inc. et al; Filing 689"
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invested $ 100 million. Mastercard acquired APT for $ 600 million in 2015.
74:
479:"What does Ballston firm have that drew $ 600 million from MasterCard?"
288:"Applied Predictive Technologies, Inc.: Private Company Information"
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APT was founded in
December 1999 by business consulting executives
741:"Mastercard Unit Failed to Define Trade Secrets, Utah Court Says"
647:"Mastercard Claims Ex-Contractor Stole Secrets, Infringes Patent"
673:"Judge Trims MasterCard Unit's IP Suit Over Analytics Software"
84:
165:. The company was founded in 1999, and was acquired by
396:"2006 Fantastic 50: Applied Predictive Technologies"
128:
118:
104:
61:
43:
33:
595:"From pizzas to cocktails the data crunching way"
157:) is an American software company that produces
809:Defunct software companies of the United States
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315:
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419:
417:
799:Companies based in Arlington County, Virginia
8:
567:Wells, Nick; Chemi, Eric (August 16, 2017).
19:
789:Privately held companies based in Virginia
25:
18:
282:
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645:Yasiejko, Christopher (June 29, 2018).
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794:Software companies established in 1999
619:Lippmann, Rachel (February 17, 2022).
7:
784:Software companies based in Virginia
521:"United States Patent No. 7,895,072"
671:Jackson, Jasmin (April 11, 2022).
424:Heath, Thomas (October 18, 2013).
14:
593:Wall, Matthew (August 18, 2015).
370:"Applied Predictive Technologies"
218:software for business analytics.
477:Heath, Thomas (April 30, 2015).
804:1999 establishments in Virginia
151:Applied Predictive Technologies
20:Applied Predictive Technologies
394:Hayes, Heather B. (May 2006).
1:
814:2015 mergers and acquisitions
739:Jahner, Kyle (13 Aug 2024).
239:2020, along with claims of
49:; 25 years ago
830:
453:20 August 2001. E5. Print.
24:
16:American software company
189:), and Scott Setrakian (
506:Harvard Business Review
625:St. Louis Public Radio
187:McKinsey & Company
702:The Salt Lake Tribune
543:"MEMORANDUM DECISION"
38:Software as a service
298:on December 27, 2008
483:The Washington Post
451:The Washington Post
430:The Washington Post
228:St. Louis, Missouri
195:The Washington Post
120:Number of employees
109:Arlington, Virginia
21:
548:. 25 November 2020
523:. 22 February 2011
329:on 16 October 2009
230:launched in 2021.
185:), Anthony Bruce (
163:business analytics
161:software used for
134:mastercardservices
728:. 19 August 2024.
349:"Financial Times"
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95:Managing Director
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763:External links
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406:18 September
404:. Retrieved
400:the original
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377:. Retrieved
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333:18 September
331:. Retrieved
327:the original
302:18 September
300:. Retrieved
296:the original
292:BusinessWeek
254:
251:
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245:
243:and fraud.
237:
224:
220:
209:
194:
191:Oliver Wyman
183:Oliver Wyman
176:
154:
150:
149:
105:Headquarters
552:23 December
214:) produces
142:/test-learn
778:Categories
707:2024-09-11
527:9 February
354:7 December
271:References
234:Litigation
212:Mastercard
167:Mastercard
140:/solutions
210:APT (now
179:Jim Manzi
169:in 2015.
69:Jim Manzi
682:April 7,
656:April 7,
630:June 29,
604:June 29,
578:June 29,
259:See also
206:Software
75:Chairman
34:Industry
488:June 1,
435:June 1,
379:June 1,
173:History
129:Website
62:Founder
52: (
44:Founded
750:14 Aug
726:Justia
677:Law360
198:2013,
546:(PDF)
752:2024
684:2023
658:2023
632:2023
606:2023
580:2023
573:CNBC
554:2020
529:2012
490:2023
437:2023
408:2009
381:2023
356:2011
335:2009
304:2009
136:.com
54:1999
47:1999
599:BBC
155:APT
138:/en
124:600
85:CEO
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