LONDON--(BUSINESS WIRE)--IP technology leader CPA Global® today announces the launch of the CPA Global Renew App on The IP Platform. Part of its growing suite of cloud-based solutions that are designed to automate IP operations for its customers, CPA Global’s Renew App will help companies and IP law firms reduce the time, effort and risk associated with managing IP renewals.
This first release of the Renew App provides a powerful and intuitive interface to manage patent and design renewals in one connected app. Users can easily view, analyse and report on relevant patent and design data, all integrated with CPA Global’s Patent Renewals service.
The improved productivity and insight provided by the new app enables patent portfolio owners and IP managers to make more informed business decisions driven by real time, clean IP data. The new technology will replace the existing CPA Direct portal and is an integral application in The IP Platform – CPA Global’s technology that delivers a connected overview of IP information, data, workflows and tasks.
“Our mission at CPA Global is to provide the information to enable better IP decision-making, and the tools to empower effortless execution on those decisions. The Renew App ticks both of these boxes in a critical area of IP management” comments Simon Webster, CEO of CPA Global. “With up to 70% of corporate value being accounted for by intellectual property, the cost of making the wrong IP decisions, or failing to act on them, are extremely high. Allowing valuable IP to lapse, or renewing innovation with little commercial value, are both seriously detrimental to corporate value.”
Key benefits for users include:
- Supports wider business strategy through enhanced portfolio maintenance decisions.
- Risk reduction through on-demand access to highly visible time critical information such as renewals status information.
- Cost reduction through removal of manual and paper-based processes with secure on-line connectivity.
- Enables far greater collaboration with business and IP stakeholders through automated report generation and notification.
The app also includes full access to case histories, custom reports and future budgeting information. Reports can be extracted and shared with key stakeholders to improve collaboration amongst business leaders, R&D, IP teams and outside counsel. This provides in-depth analysis of portfolio maintenance decisions to ensure they are in line with business strategy – placing IP management at the heart of the corporate agenda.
To learn more about the CPA Global Renew App, click here.
About CPA Global
CPA Global is the world’s leading IP management and technology company, trusted by many of the world’s respected corporations and law firms. Our integrated offering is underpinned by an outstanding global team of 2000 people. Now we offer customers The IP Platform: delivering integrated Innovation and IP Portfolio software, services and insights across the entire Idea Lifecycle, supporting customers every step of the way to realise the value of their ideas.