Various brands are on top nowadays, conquering people’s interests and producing more innovative and impressive designs. However, with their rising popularity, a lot of businesses are imitating their designs or trademarks. For this reason, businesses require intellectual property management. Luckily, you can use intellectual property management software. Continue reading below for more.
14+ Intellectual Property Management Software
3. Alt Legal
5. PATTSY WAVE
9. Patricia IP Management
10. Red Points
13. Orbit Intelligence
14. Wellspring IP Management
15. IP One
What is Intellectual Property Management Software?
As the name implies, intellectual-property management software is a technological tool with a collection of advanced capabilities that allows you to examine and check your company’s licenses, copyrights, and non-physical assets. It helps you with the protection of designs, trademarks, patents, and more. With a technology partner, you can ensure the prevention of IP theft. That way, you can guarantee security assurance to your intangible assets.
IP theft is not a simple issue; it is a problem most businesses of all sizes are trying to eradicate. With its complexities, traditional methods would not suffice to face this matter. Intellectual property management software provides convenient strategies, leading to improve productivity and operational efficiency. On top of that, it ensures accurate data analysis and comprehensive dashboards.
Features and functionalities play a major role in the software. It serves as the mechanics that allow the software to perform with top quality. Although the software is contributive, you can’t deny that not all platforms offer the same performance and advancements. For this reason, it is advisable to research the software’s capabilities and performance to make sure you choose the best solution for your company’s issues. You can read reviews from users about the software’s pros and cons. The following are features you should consider in your research:
- Document Management
- IP Portfolio Management
- Patent / Trademark Management
- Patent Tracking
- Portfolio Management
- Deadline Management
- Docket Management
Top 10 Intellectual Property Management Software
FoundationIP from CPA Global includes document management, patent tracking, renewal management, spend management, and more. CPA Global has annual revenue of $376 million and 2,593 employees.
IPfolio from CPA Global includes deadline management, disclosure management, docket management, trademark tracking, and more advanced features. CPA Global has a $376 million yearly revenue and 2,593 workers.
3. PATTSY WAVE
PATTSY WAVE from Anaqua includes disclosure management, status tracking, docket management, document management, and more contributive features. Anaqua has annual revenue of $48.7 million and 336 employees.
4. Red Points
Red Points includes audio/video protection, investigation management, social media monitoring, marketplace monitoring, and many more logical features. Red Points has annual revenue of $40.9 million and 282 employees.
5. Patricia IP Management
Patricia IP management software from Patrix enables IP professionals to manage cases through documentation, cost estimation, invoicing, and other functions. Patrix has annual revenue of $5.9 million and 41 employees.
Dockettrak includes court records search, staff calendar, status tracking, patent/trademark management, and more innovative features. Dockettrak has annual revenue of $5 million and more than 25 employees.
ClaimMaster includes disclosure management, renewal management, patent tracking, and more logical features. ClaimMaster has an annual revenue of more than $5 million and more than 25 employees.
Inteum includes contract lifecycle management, compliance tracking, data analysis tools, data migration, and more advanced features. Inteum Corporation has annual revenue of $4.3 million and 30 employees.
9. Alt Legal
Alt Legal includes case management, portfolio management, task management, calendar management, and more valuable features. Alt Legal has annual revenue of $2.2 million and 15 employees.
AppColl includes conflict management, legal case management, portfolio management, email management, and more innovative features. AppColl has annual revenue of $1.4 million and ten employees.
What is a business trademark?
Business trademarks are usually in a form of a logo; the logo is an indicator that allows people to know that certain products belong to your company; it is crucial to protect your trademark to avoid circumstances where IP theft uses your business to do illegal activities. Trademarks also make your business professional and unique.
Why is design protection important?
Nowadays, business competition is getting more challenging. One factor that attracts more customers is the design. Designs are difficult to generate. It makes your company unique and engaging. These are part of the reason why design protection is crucial. It’s to keep others from taking credit for the design you worked so hard on.
Why is software advantageous?
Due to the modern era, traditional methods are not enough to compete with business rivals. Operational productivity and efficiency need to be developed and improved to ensure good customer service and customer satisfaction. The software helps you reduce complexities in your business operation while guaranteeing quality assurance and top performance.
Intellectual property, although intangible, needs to be protected. It is a valuable asset that assists you in improving revenue and customer attraction. Since manual processes are not enough to reach your goal, you will need intellectual property management software to evaluate, analyze, plan, and forecast effectively and efficiently. With this tool, you can make your life easier.
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