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In the increasingly competitive world of online marketing, it’s critical for online business owners to have a solid understanding of their websites’ traffic sources and visitors. Without a consistent measurement of traffic that stems from the most popular social media sites out there, website owners may never learn where they’re really getting traffic from – and they’re not going to know how well they’re doing unless they consistently monitor the data taken from all of these sources.
Intellectual Property (IP) Management software is used by businesses and IP law firms to manage and protect inventions, patents, copyrights, trademarks, licenses, royalties, brands, and other intellectual property legal rights. It facilitates preparing and conducting IP filings such as patent applications, securing the rights to trademarks, and litigation.
It aids in the identification of violations and infringement cases, using AI to keep pace with a growing volume of digital IP infringements. These tools also support contract renewal, disclosure agreements, and the resolution of IP disputes. They foster collaboration amongst scientists, engineers, researchers, IP teams, business executives, and legal departments. Patent Management Software and Trademark Management Software are parts of Intellectual Property Management Software.
Intellectual Property (IP) Management Software Features
Most IP management products will offer the following features:
- IP Portfolio Management
- Patent, Trademark and Copyright management
- Dockets
- Deadlines
- Tracking
- Renewals
- IP Cost Estimation – for the creation, maintenance, and renewal of IP
- Publish IP Assets – available for licensing
- Disclosure Agreements
- Support IP lifecycle
- Support legal disputes and enforcement actions
- Case Database
- Legal Spend Management
- Automated Workflows and Communications
- Document Management
- Billing, Payment Processing
- Analytics / Dashboard
Intellectual Property Management Software can be implemented through cloud-based/ SaaS/Web, Mobile, or Desktop platforms.
Intellectual Property Management Software Comparison
When purchasing Intellectual Property Management Software consider the following points:
- Scope: Does the product support all your company’s various IP assets? Every country has its own set of regulations for establishing and securing IP. Does the product support your IP management needs on a global scale?
- Use Case: Some products are better suited to support certain industries. Some are geared toward entertainment, sports, and fashion, others for manufacturing and software. Would your company benefit from that customization?
Pricing Information
Most vendors require interested buyers to request quotes for their products. Some products begin at $50 per month per user, ranging up to a couple of hundred dollars per month per user.
Certain products’ pricing is based upon the size of the patent or trademark database. That pricing can range from $.60 to $2.00 per record with the cost per record decreasing as the number of supported records increases. Free trial versions with limited functionality are sometimes available.
The TIP Tool™ by Triangle IP
The (TIP) Tool makes your patent mining process transparent and easy. It is an intuitive and engaging platform, with a drag and drop workflow. It helps with the idea capturing and internal vetting, where approval for drafting a patent is sought. The draft patent applications can be stored and exchanged securely by the prosecutor. Upon filing the application, the serial number and filing date are added along with a copy of the final application. You can also get the patenting cost estimates, case statistics, and examiner analytics, and stay in sync with the United States Patent & Trademark Office (USPTO). It is a reliable way to ease your headache of complex Intellectual Property management at your enterprise.
Key Benefits:
Improve the quality of invention disclosures - Get more invention disclosures using a simple & intuitive invention disclosure form
Gain patent pipeline visibility – Track your idea through various stages of the process whether it is being evaluated at your end or passed to your counsel for drafting and filing
Brainstorm ideas with stakeholders on a real-time basis – Brainstorm and discuss ideas with inventors, prosecutors, managers working in remote locations and collaborate on a real-time basis
Case analytics and cost prediction – Know the probability of getting your idea patented or a prediction on how much getting a patent may cost over the years
USPTO status updates – Automatic application(s) status update with USPTO for your published as well as unpublished applications
Patent counsel and examiner statistics – Make informed decisions with your patent counsel and examiner analytics by knowing more about the law firm & examiner handling your application
A holistic view of your patent pipeline at a glance – Identify the bottlenecks in your innovation pipeline by gaining visibility into your entire IP lifecycle through various dashboards
Additional Benefits:
- Approving ideas – Lock approved ideas to enhance protection
- Merge multiple ideas – Drag & drop multiple ideas into a single filing
- Scoring – Prioritize your ideas with the value score
- Magic link – Passwordless login with single-use email link
- Archiving ideas – Archive low priority ideas so as to focus on other unfiled ideas
- Tagging – Use tags to group and filter ideas
- Nurturing – Strengthen collaboration by notifying stakeholders
Pricing:
| Free Tier | Paid Tier ($495 Per Portfolio, Yearly) |
| User limit – 10 | User limit – 25 |
| Storage – 5 GB | Storage – 20 GB |
| Maximum file size – 10 MB | Maximum file size – 50 MB |
| Portfolios – 1 | Portfolios – 3 |
| Private Pair Access | |
| Case Analytics | |
| Portfolio Manager | |
| Family Trees | |
| Customizable Idea Form | |
| Real-Time Collaboration | |
| Enhanced Nurturing | |
| First Month Free – SignUp Today |
Deployment:
Cloud, SaaS, Web-Based.
Who Needs this Software
The person responsible for managing intellectual property at a small-to-medium-sized enterprise that files 5+ patents per year. The enterprise needs a systematic business process to capture innovations and track the progress from ideas to patents.
Users’ Perspective
One of the users of TIP Tool reviewed it as “Quite a useful tool to manage overall ideas”.
- The tool is easy to use and understand, even for a person who is not from a patent background
- Gives a smooth platform to store ideas in one place and track them through a complete IP lifecycle
- Role-based access – admin, inventors, managers, patent prosecutors with different permissions
Product Demo Video/Snapshots
The TIP Tool comes with the power of patent analytics. Watch the video to know how analytics can help you make informed IP decisions
Search methods
Every analysis starts with a search to find the relevant patents. More and better search methods allow you to get to the relevant patents faster and more assuredly. There’s nothing worse than missing a relevant patent because your IP analysis tool doesn’t support a certain type of search.
- Will standard keyword searches return relevant and desired results?
- Can I use a Boolean string to combine keywords with AND, NOT or OR, as well as proximity of words, looking for alternative words, using wildcards, to help narrow down a search and increases the accuracy?
- Does the tool provide semantic search in order to search by concept rather than keywords? Does the semantic search use synonyms or is it truly concept-driven?
- Can I search by metadata such as classification codes, citations, dates, company owners and inventors? How easy is it to search for all the patents currently owned by your top competitor?”
- Does the platform allow for faceted navigation to explore information organised by various filters?
- How easy is it to save searches and search results, so you can go back to them at a later time?
Flexible and fast search methods get you to the relevant patents much more quickly. A broad array of search methods gives you the flexibility to use the best technique to get to the relevant patents whether known or unknown.
Concluusion
Our software is an analytics and data visualization platform for getting insights from location data. It uses the Google Maps JavaScript API for our map visualization. Our map features are swipable, zoomable, and have filters for layers of location data.