Research and development (R&D) plays a fundamental role in generating the innovation that is essential for maintaining competitive advantage. We are pleased that Clarivate™ is included in the recently released Gartner report, Market Guide for Intellectual Property Management Software With R&D-specific Use Cases. “This guide offers R&D leaders a sampling of available IP management products that deliver on R&D-related use cases.”
According to the Gartner report, “By 2025, R&D organizations that use IP analytics to conduct continuous technology intelligence will be 80% more likely to outperform direct competitors in revenue growth.”
That is also why Clarivate offers an integrated IP research and management solution that combines Innography™ IP intelligence with our IPfolio™ IP management software to provide R&D teams with a powerful solution for analyzing and managing inventions throughout the innovation lifecycle.
Two products, one solution
With Innography, IP and R&D professionals are able to explore the world’s patent data to analyze white space opportunities, evaluate state of the art, and find collaborators and development partners. AI-powered semantic search allows users to conduct research using a description of an existing or proposed invention. Powerful analytics tools including text clustering, heat maps and landscape visualizations help users expand or refine their analysis to capture the right insights to inform critical decisions. Integrated access to Derwent World Patents Index ™ (DWPI) accelerates review of patent documents with abstracts that clearly state an invention’s novelty, use and advantage.
IPfolio enables R&D teams to leverage the power of connected data and services for innovation management throughout the entire IP lifecycle. This powerful and flexible SaaS solution simplifies innovation management and maximizes operational efficiency with process automation and embedded tools for seamless collaboration with stakeholders across the IP value chain. Enriched Clarivate data and embedded analytics help users easily uncover actionable insights and create custom reports.
The power of integration
The full value of these solutions for R&D lies in their integration. Records in both solutions are connected by custom fields.
An IPfolio user can apply a custom field to patents that may present a freedom-to-operate risk for a new product or a patentability obstacle for a new invention. The R&D user can then find the records matching their project using the custom field and analyze and review the documents in Innography. Private matters, such as invention disclosures and unpublished applications, can be synced between IPfolio and Innography. This enables R&D users to search and analyze relevant private publications alongside published patent records.
With Innography’s AI-powered semantic search engine, R&D users can enter a simple description of their invention and retrieve relevant documents from both IPfolio and Innography. This is extremely useful for assessing whitespace around an invention, identifying internal and external collaborators, and spotting potentially duplicative internal inventions.
Start with an expert assessment
The Gartner report also offers some recommendations for evaluating IP research and management solutions for R&D teams, including this recommendation: “Assess your current processes to isolate workflow steps where bottlenecks frequently occur or are likely. Use the insight gained from this analysis to compile a list of the desired software solution capabilities.”
Clarivate can help. With our IP Diagnostic Consulting service, Clarivate IP experts evaluate the IP management processes, identifying opportunities for improving both efficiency and effectiveness. Our team focuses on best practices in four key areas: People, Process, Information and Technology. In our experience, implementing the recommended changes can yield significant improvements. Our IP Diagnostic Consulting is the first step toward creating a modern and efficient IP management function.
Looking to give your R&D team every advantage when researching and managing innovations? Contact us today to learn more about our integrated solution for R&D or to schedule your IP Diagnostic.
Gartner, Market Guide for Intellectual Property Management Software With R&D-Specific Use Cases, Svetlana Golden, Shradha Sapra, 22 August 2023
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