FREMONT, Calif.--(BUSINESS WIRE)--The Climate Corporation, a digital agriculture company and Monsanto subsidiary that analyzes weather, soil and field data to provide powerful, data-driven insights to farmers, has chosen Lecorpio Intellectual Property Management to transform its patent, invention disclosure and spend management.
Christopher Grewe, Associate General Counsel at Climate, led the selection process that ultimately chose Lecorpio. “We needed a powerful, holistic IP management system to transform our patent workflow into a more efficient, scalable solution, one that reflected our company’s focus on using data to help farmers make more informed management decisions,” said Grewe. “Lecorpio provided a streamlined and convenient solution to capture innovation. Our key stakeholders will now be able to track how our inventions are progressing through the patent process, from idea to invention to patent filing. Lecorpio will also provide our legal department and senior management transparent, real-time access to patent-related information to help us drive our IP strategy forward.”
Grewe explained there was a clear synergy between Climate and Lecorpio given both companies’ efforts to maximize the value of utilizing data analytics to help their customers make informed decisions using simple solutions. Climate aims to help all the world's farmers sustainably increase their productivity through the use of digital tools, offering one easy-to-use digital platform to help them optimize resources and maximize crop yield by delivering customized, field-level insights throughout the growing season. Lecorpio has a similar philosophy, recognizing the importance of measurement and data analytics to drive decision-making. “We invested in Lecorpio because we anticipate that deploying their system will pay valuable dividends in the future,” said Grewe.
Jay Madsen, CEO of Lecorpio, stated, “The Climate Corporation is a proven innovator in the field of digital agriculture. Lecorpio Intellectual Property Management is ideally suited to help them automate their invention and patent process to build efficiency and control costs. Our two companies have similar perspectives on the importance of analytics and data-driven decisions and we look forward to successfully implementing Lecorpio for Climate.”
About Lecorpio, LLC
Lecorpio, the leader in IP management and analytics software solutions, helps innovative companies quickly turn ideas into assets. The company’s enterprise-class suite of applications spans the entire IP supply chain, including invention disclosure management, patent and trademark management, e-billing, licensing management and general matters management. The Lecorpio solution includes powerful workflow capabilities that easily configure to a company's business process and includes an IP dashboard with over 160 KPIs.
Primarily marketed to corporate law departments specializing in IP matters, Lecorpio’s adaptable IP management software-as-a-service creates one central repository for IP information. Lecorpio’s powerful solution simplifies data management processes for attorneys and paralegals through the entire IP lifecycle, from invention disclosure to patent management to billing, monetization and litigation. Also, Lecorpio helps clients to control costs by automating processes and increasing efficiency.
Lecorpio is used by 5 of the top 20 most active US patent filers, in addition to other well-known innovators such as Adobe, T-Mobile, Analog Devices, Rockwell Automation, NEC, NetApp and Red Hat. For more information about Lecorpio, please visit www.Lecorpio.com.
About The Climate Corporation
The Climate Corporation, a subsidiary of Monsanto Company, aims to help all the world's farmers sustainably increase their productivity through the use of digital tools. The integrated Climate FieldView™ digital agriculture platform provides farmers with a comprehensive, connected suite of digital tools. Bringing together seamless field data collection, advanced agronomic modeling and local weather monitoring into simple mobile and web software solutions, Climate FieldView™ Prime, Climate FieldView™ Plus and Climate FieldView™ Pro give farmers a deeper understanding of their fields so they can make more informed operating decisions to optimize yields, maximize efficiency and reduce risk. For more information, please visit www.climate.com or follow the company on Twitter @climatecorp.