IP Management Systems

Overview

Published: 2 March 2020

IP Management Systems: knowledge is power

 

IP Knowledge Management or patent portfolio management tools can be implemented to improve IP awareness throughout a corporation, from the launch of a product to the beginning of a new project.

Meetings between department heads from research and development, legal, IP and the c-suite are no longer enough to educate on the value of IP companywide. In these situations, having effective IP Knowledge Management or patent portfolio management tools can be beneficial, to incorporate internal company workflows and custom taxonomies to help manage patent data globally throughout the organisation. Those diving in are faced with challenges of volume and accessibility, but perseverance and employment of specialist patent databases and advanced workflow systems, such as Minesoft’s Pat-KM, that automate many of the processes will pay off in terms of the wealth of insights gained.