Awards and reviews

IPfolio received a number of Summer 2023 award badges from G2, a respected source of peer reviews from more than 80 million software users annually. These awards are particularly special because they recognize the benefits most important to our customers, earning the highest rating within its category for usability, ease of use, meeting user requirements, and user adoption. We even won the coveted “Users Love Us” badge, earned by collecting at least 20 reviews with an average of 4 stars.

Speaking of reviews, IPfolio users are not shy about sharing their opinions online. In addition to the glowing reviews on the G2 website, users have given a 4.93 out of 5 star rating on the Salesforce AppExchange. Their reviews highlight not only IPfolio’s ease of use and powerful functionality, but also the top-notch customer service and support that Clarivate provides. One reviewer put it this way:

“IPfolio is smart, nimble and intuitive…the absolute best IP management software around.”

The IPfolio difference

Why does IPfolio inspire such customer loyalty? We believe it comes down to some key user-centric advantages:

• IPfolio is highly configurable, giving customers the flexibility to meet their unique needs—and evolve as those needs change.
• Integrated services. IPfolio offers access to Clarivate’s unmatched breadth of integrated services—from Search through Drafting and Filing to European Patent Validations to Annuities and Recordals.
• Data quality. Extensive data verification and enrichment for Clarivate IP data helps ensure accuracy, consistency and completeness.
• SaaS delivery. Our cloud-based Software-as-a-Service design ensures users always have access to the latest features without time-consuming software updates. Users enjoy secure access anytime, from anywhere with an internet connection.
• Smooth implementation. Best-in-class guidance from the Clarivate in-house professional services team gets users up and running quickly and smoothly.
• Superior customer support. Our dedicated customer success teams are on-hand to support users every step of the way, building partnerships focused on meeting business objectives.

More power on the way

While the G2 awards are gratifying, we’re not resting on our laurels. We are working to continuously improve IPfolio with a host of powerful new features and functionality, including:

• Coming soon: IP cost forecasting with Forecast

Track and predict IP costs across the entire portfolio more accurately and efficiently with our AI powered, next-generation IP forecasting tool, coming soon.

• Advanced Analytics from CRM Analytics

Manipulate, visualize and analyze large data sets faster and more flexibly than ever before with Advanced Analytics from CRM Analytics. Use the Portfolio Explorer feature to visualize categories, drill down for more detail and easily access related information. World Map lets you quickly see where trademarks are registered around the world.

• E-Correspondence

This new functionality extracts documents and bibliographic data from Japan (JP) PTO correspondence packages, saving time and avoiding errors. Integrations with other PTOs are in the works.

To learn more about IPfolio contact us today for a demo.

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At Clarivate, we believe that a new, unified approach to IP management is needed—one that brings together data, cutting-edge technologies and human expertise in ways that remove friction, reduce costs and improve collaboration. You can learn all about our unified IP management strategy in our new paper, IP Lifecycle Management: Empowering corporate IP professionals with a connected ecosystem.

The cost of legacy IP management

Today, we see too many IP departments that rely on disparate systems and disconnected processes. This is not only inefficient, but accrues real costs. These range from the cost of maintaining and supporting legacy systems to process inefficiencies and errors, commercial risk and the opportunity cost of missing critical insights. Our analysis has shown that these inefficiencies and risk factors could add up to a total cost of $123 million over a five-year period.

Optimizing IP management can have a significant positive economic impact by modernizing systems, minimizing inefficiencies and reducing commercial risks through improved patent and trademark strategies.

Together, these improvements can save $37 million over a five-year period.

The power of unified IP lifecycle management

Clarivate IP Lifecycle Management solutions enable organizations to transform IP management with a unified approach that combines expert IP services, leading IP management software and IP intelligence and analytics encompassing the full IP lifecycle—from discovery to protection to commercialization. Our approach offers a number of valuable advantages:

• A single source of truth, with data shared across the IP lifecycle, eliminating manual entry and redundant processes and improving speed and accuracy
• Connected workflows, streamlining disparate tasks and facilitating improved collaboration
• Automated efficiency, saving time and effort with automation that frees corporate IP staff from repetitive tasks
• Actionable insights, combining customer data with a universe of industry-leading IP data and analytics to reveal insights that improve and accelerate decision-making
• Continuous enhancement, with platform capabilities delivered via a software-as-a-service (SaaS) model, simplifying implementation and enabling users to access new capabilities immediately

The result is a connected ecosystem that benefits from data sources unavailable from any other provider, global best practices gained from decades of experience and innovative technology that provides seamless connectivity across solutions, datasets and stakeholders.

Getting started on the road to transformation

When aligned with your organization’s business strategy, this unified, full-lifecycle approach can transform IP management into a strategic asset.

A good first step in that transformation is having a trusted partner assess your IP operations to chart a course forward. At Clarivate, we undertake a comprehensive, best-practice analysis of your IP operations to identify opportunities to improve efficiency and optimize the use of IP technology and services, developing a clear roadmap for modernization.

By tapping into our unique combination of strengths, IP professionals can access a unified IP lifecycle management solution to inform critical decisions with greater speed and agility, while maximizing operational efficiency and effectiveness. That’s something every IP department could benefit from in today’s complex environment.

To get the full story, make sure to read our new paper, IP Lifecycle Management: Empowering corporate IP professionals with a connected ecosystem.

Interested in scheduling an IP diagnostic for your IP management processes? Contact us today.

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For corporate IP professionals, the challenge of tracking, managing, analyzing and monetizing IP assets has never been more complex. Rapidly expanding IP portfolios, accelerating business cycles and the pressure to do more with less is straining legal departments.

Adding to the challenge is the fact that, in many cases, those charged with managing the company’s IP assets are using multiple software systems. They may have one system for docketing, another for searching patents and yet another for filing and prosecuting patents. There may be entirely different systems for managing trademarks. That’s a lot of switching back and forth—and a lot of manual data entry as they struggle to keep everything in lock step.

Working with disparate systems isn’t just awkward—it’s costly. There’s the expense of maintaining and upgrading multiple platforms. In addition, the process inefficiencies of using disparate systems can be significant, potentially adding up to millions of dollars in lost productivity over time. It also raises the risk of something falling between the cracks. One such oversight could lead to a costly infringement suit or the expensive prospect of having to pull a product or brand from the marketplace.

The value of modernizing

There must be a better way. Fortunately, there is: modernizing your IP management system (IPMS) around a comprehensive IP lifecycle approach. Using modern IPMS technology addresses many of the inefficiencies associated with disparate systems—delivering a significant, positive economic impact in the process.

How much impact? A conservative estimate would be 30% improvement* over the costs of a disparate systems approach. Let’s break it down:

• Modernizing systems can deliver a 30% savings by eliminating the cost of maintaining and upgrading on-premise systems. This could add up to $700,000—plus another $100,000 by reducing the risk of an IP data breach.
• Minimizing process inefficiencies associated with disparate systems can generate an additional 30% savings through productivity gains and increased accuracy. This could translate into annual savings of $4.4 million. A solution that increases indemnity coverage for annuity renewals could save an additional $1.5 million annually.
• Another 30% savings can be realized by reducing wasted patent filing and maintenance costs, minimizing the risk of having to pull a product from the market and minimizing infringement legal risks. Together, these improvements could save $8.5 million.

These improvements could add up to a cost savings of $37 million over five years. That’s money that could go right to your bottom line.

The solution is here today

Clarivate offers a unified IP lifecycle management approach that provides a compelling alternative to the disparate systems that currently characterize IP management—an alternative that offers significant economies.

Our comprehensive IP lifecycle management solutions bring together a unique set of capabilities, processes and services not available from any other provider. The result is a trusted, end-to-end solution that combines our global best practices, unified technology base that allows seamless connectivity across solutions and datasets, with innovative technologies that reduce the time, cost and complexity of deploying new capabilities.

Our end-to-end IP lifecycle management solutions enable corporate teams to remove friction from their IP management workflows today, while providing a smooth runway to future innovations. It’s the key to unlocking the full potential of your IP—and the full value of your IPMS investment.

Ready to experience greater value from your IPMS? Contact Clarivate today.

*These figures are derived from an analysis of costs associated with using disparate IP management systems and disconnected processes, including the costs of: maintaining, upgrading and supporting on-premise software systems; data breaches; process inefficiencies leading to lost productivity; missed patent renewals; increased commercial risks; and risk of infringement. Data available upon request.

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Clarivate is proud to have been awarded special recognitions in Hyperion Global Partners’ 2022 MarketView Report for IP Management Systems for Law Firms and Corporations.

The Hyperion Global Partners’ MarketView Report provides a review of the trends driving the IP Management market and evaluates solution providers within the Intellectual Property Management Software (IPMS) landscape. In this year’s report, all eight Clarivate IP management solutions were evaluated, with IPfolio and FoundationIP being named as Advanced Solutions for Corporations and Law Firms.

Eyal Iffergan, Managing Director of Hyperion Global Partners, notes: “Clarivate has a long history of market leadership and innovation within the IP industry. The addition of CPA Global has added to an already impressive array of IP-focused software products and services, as evidenced by the award of 7 Market Leader and 5 Highly Innovative distinctions across the Clarivate solutions in our 2022 MarketView report of IP Management Systems for Law Firms and Corporations.”

Solutions for an evolving innovation landscape

At Clarivate, we are on a mission to improve the way the world creates, protects and advances innovation. Our strategy is focused on expanding our technology and data capabilities through integrated solutions aimed at helping IP professionals manage their IP assets more effectively and efficiently.

Over the past year, we have added a range of new capabilities to help meet IP professionals’ needs for workflow integration, collaboration and efficiency. This includes the integration of CompuMark trademark solutions into IPfolio and FoundationIP. These trademark integrations help corporate IP departments and IP law firms keep portfolio data complete and accurate while reducing manual data entry efforts, saving time, increasing data quality and minimizing risk.

“These trademark integrations help corporate IP departments and IP law firms keep portfolio data complete and accurate while reducing manual data entry efforts, minimizing risk and increasing data quality.”

This year’s MarketView Report highlights the value of these developments for the IP Management market:

IPfolio was recognized as a market leader for its Salesforce platform maturity

As explained within the report, IPfolio was the first IP management solution to embrace IP Management on the Salesforce platform, leveraging it to deliver a unique value proposition with ever-evolving tools, capabilities and partnerships. IPfolio also received the Highly Innovative distinction for Enterprise Site Management with an “advanced set of platform tools providing centralized oversight and upgrade control over IPfolio client sites.”

FoundationIP received two market leader awards for Outside Counsel Collaboration (For Corporations) and Law Firm Approachability (For Law Firms)

Within the MarketView Report FoundationIP is described as “a market leader in cloud-based IP Management for law firms, with a well-adopted approach that speeds the time to productivity for law firm IP practices of all sizes.” FoundationIP was also recognized as Highly Innovative for Integrated Reference Management with “Integrated IDS Management capabilities that feature dynamic reference and prior art management, seamlessly supported by Clarivate’s expansive catalogue of IP reference data.”

Six other Clarivate IP management solutions were included in this year’s evaluation by Hyperion Global Partners, receiving recognition for their market strengths.

Memotech and Unycom received VendorView special recognitions as advanced solutions for corporations. Memotech was consistently recognized as a leading solution for maintenance and prosecution management, in addition to its remote update framework. Unycom was recognized for its sophisticated invention management and support, in addition to patent committee collaboration. Further, Inprotech was also recognized in the report for its international capabilities, designed to address the complex needs of sophisticated global law firms.

Advancing innovation in the IP industry

As the competitive landscape for IP services evolves, Clarivate is committed to helping IP professionals meet their challenges with IP data, technology and services to enable them to be more efficient, competitive and profitable. We are proud to see our solutions recognized by these influential market reports, supporting our long-term strategy to remove friction from IP management processes by connecting the IP ecosystem.

Hyperion Research conducts independent market research and advisory services for the legal industry. Their MarketView reports provide analysis of the Legal solution market in key segments, including solution definitions, solution provider landscape, market sizing and adoption scenarios. The complete Intellectual Property Management Systems for Law Firms and Corporations report can be purchased directly from Hyperion: https://www.hyperiongp.com/research/marketview-ip-mgmt/.

Ready to unlock the full potential of your IP? Learn more about how we help companies to innovate faster, protect their IP and reduce total cost of operating.

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Advancing integration

Back in July, we announced the integration of our CompuMark trademark solutions into IPfolio and FoundationIP IP management software (IPMS) solutions for corporations and law firms. This is part of our long-term strategy to remove friction from IP management processes by connecting the IP ecosystem. By empowering customers to make critical decisions with greater speed and confidence, Clarivate can help organizations manage their portfolios in ways that unlock the full value of their IP assets.

That was only the beginning. In the second half of 2021, we unveiled enhancements across the entire Clarivate IP Lifecycle Management portfolio. We focused on three key areas:

• Connecting the IP ecosystem, facilitating end-to-end collaboration across tasks and data sets. This includes improved inventor collaboration within Unycom, allowing customers to work through tasks interactively.
• Intelligent IP management, leveraging data in ways that provide actionable insights. One example of this is our new renewal budget management capabilities in Patrawin so customers can streamline the transfer of renewal budget numbers from their IPMS to Intellectual Property Rights (IPR) Control (client portal).
• Operational excellence, delivering advanced task management and smart docketing to drive greater efficiency and quality. This includes an intuitive new design for the Prior-Art module in Inprotech, reducing the learning curve for new staff while supporting new functionality.

Unveiling hybrid-cloud capabilities

Looking ahead, this year we will deliver the first hybrid-cloud capabilities for Clarivate solutions—in Memotech and The IP Management System (TIPMS)—bringing these solutions one step closer to a truly integrated IP Lifecycle Management model.

This hybrid-cloud approach is the Clarivate strategy for extending our portfolio of IP management solutions, while respecting the significant investment our customers have placed into these same solutions. By combining existing IPMS resources with new cloud-based functionality, we can enhance our customers’ current systems with new capabilities.

Building on the new connected trademark capabilities unveiled in 2021, we can offer these same capabilities to our Memotech and TIPMS customers using the hybrid-cloud model. Soon, these customers will experience seamless access to trademark data validation and enrichment, integrated Search and Watch, and real-time insights through improved analytics and dashboards.

These are a few examples of how Clarivate is working to transform IP Lifecycle Management with innovations that help our customers work smarter, faster and with greater confidence by bringing Clarivate’s world-class data and services together on the IP Lifecycle Management platform.

We’ll keep you posted on our progress as we continue to make enhancements. You can also read more about our vision for the future of IP in our ongoing blog series. In the meantime, thank you for your continued trust and partnership.

Ready to unlock the full potential of your IP? Learn more about how we help companies to innovate faster, protect their IP and reduce total cost of operating.

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