TrendView Report
The Role of Technology in Intellectual Property Management
Published: 12/27/2009
Analyst: RMC
Synopsis
The lack of information access is considered the most significant impediment to achieving intellectual property management (IPM) goals, say senior managers at leading patent-intensive companies. This is one of the early findings from our ongoing research exploring the role of technology in corporate IPM.
Scheduled for release in Q1 2010, preliminary findings of our TrendView Report, entitled, "The Role of Technology in Intellectual Property Management," include: - While viewing IPM as an integrated "lifecycle", few companies report the ability to get a comprehensive view of their portfolio across all phases of the process; instead information and data are maintained - if at all - in disparate, stand alone systems with little interoperability;
- Many organizations rely solely on their docketing systems as the primary source of portfolio information; unfortunately these systems are considered inadequate in terms of the breadth or depth of data that is captured and available for reporting;
- Most companies felt that their commercial docketing systems provided "poor" or "very poor" reporting capabilities; many companies have built home grown reporting tools to create business-relevant reports;
- Email remains the primary form of collaboration for both internal workflow and working with outside counsel; more advanced collaboration tools, such as meeting rooms and outside counsel system access, were considered future possibilities but not on their immediate agendas;
- Document management is consistently identified as a critical and valuable capability for work efficiency and productivity, and legal risk management;
- Electronic filing and electronic interface to PTOs is an area of great interest; companies are looking for seamless access and more automated flow of information between their inside IPM system and PTO systems;
- Current and future changes to PTO procedures regarding filing and prosecution are driving companies to look for automated solutions; expectations are high that IPM vendors will provide tools that reduce the risk and resource effort to comply with these procedures;
- A majority of companies indicated that they expect either significant upgrade or new system replacement of their current docketing systems in the next 12-36 months; there was a high level of expectations that new technologies would enable vast improvements in their IPM capabilities;
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