AUSTIN, Texas--(BUSINESS WIRE)--Innography today announced the latest update to its Advanced Analysis solution for patent professionals and business users that increases the accuracy and integrity of IP-based analysis and decision-making. Innography’s Fall Release also represents a major step forward in CPA Global’s strategic mission to integrate all the steps along the innovation lifecycle throughout the technology suite.
A key component of the release is PortfolioIQ, a new feature of Advanced Analysis that combines private company information with public patent data to help customers answer more sophisticated IP questions and conduct more complete analyses.
“While the concept of custom fields is not new for IP analysis software, our approach to the problem is much more effective for customers,” said Tyron Stading, founder and president of Innography. “Offering the fields themselves doesn't solve the root problem, which is messy underlying data, resulting in data that can’t be combined, and a disjointed understanding of IP across an organization. Our customers require a quick and effective matching mechanism that merges private internal information with publicly available patent data, which PortfolioIQ accomplishes.”
Additional features of PortfolioIQ include:
- Customizable fields – allow clients to capture important internal information, organize and visualize it according to specific business needs.
- Strong security – partitions each customer’s private data into a dedicated database within its own virtual network behind at least two firewalls; all data is encrypted at rest and in transit and is protected through role-based access controls.
- Turn-key bulk upload service – uses Innography’s proprietary algorithms to automate data cleansing and matching, and can include regular data refreshes if desired.
“The Innography philosophy is to maximize both the value of each user’s time and the value of the answers and decisions derived from IP analysis,” said John F. Martin, CEO of Innography. “By combining customers’ private portfolio data, new analytics, algorithms and data, and even better data accuracy such as inventor name fixes, Innography's newest release continues to push the envelope of innovation and value.”
Additional updates to Innography’s Advanced Analysis solution include:
- IP Benchmark Cost Data – leverages integration with CPA Global’s IP Forecaster to help IP professionals intelligently estimate the cost of patent filing and maintenance across jurisdictions and compare spending trends to their top competitors.
- Enhanced Public PAIR metrics – help users quickly compare examiner, art unit and prosecution stage for a specific patent through predictive charts to establish benchmarks and determine the effect of specific actions to improve grant likelihood.
- Inventor Normalizations – extends Innography’s market-leading normalization algorithms, profile rollups and machine learning to inventor profiles, resulting in highly accurate employment histories for inventors (ex: Innography founder Tyron Stading has 26 different spelling variations in the patent records, all of which are corrected by Innography’s new inventor normalizations).
- Enhanced Analysis – features a new company page with additional analyses of an organization’s portfolio and financials; increased alerting flexibility that includes auto-updating of project data sets; user-defined terminology for text cluster analysis; and single-click citation analysis of an entire company’s portfolio.
- Terminal Disclaimers – the feature most highly requested at this year’s Insights conference and suggested by Kodak, terminal disclaimers finds and highlights US patents impacted by terminal disclaimers, enabling companies to minimize potential errors in portfolio management.
For more information on Innography’s Advance Analysis solution, visit: https://www.innography.com/solutions/products/advanced-analysis
Learn more about the PortfolioIQ: https://www.innography.com/solutions/products/portfolioiq
About Innography
Innography, a CPA Global company, provides patent search and intellectual property analytics software that helps the world’s leading patent owners, innovators and decision-makers drive more business value from IP investments. Correlating 100 million patent documents with financial, litigation, market and business data, Innography helps clients track competitors, uncover lucrative revenue sources, preempt litigation claims, and stay abreast of innovation trends. With more than 350 global clients across all product industry categories, Innography is proud to achieve client satisfaction far above the industry average. Innography is headquartered in Austin, Texas. For more information, please visit Innography.com.
About CPA Global
CPA Global is the world’s leading IP management and technology company. We believe that ideas change the world. Trusted by many of the world’s most respected corporations and law firms, CPA Global empowers a global IP community to achieve excellence in IP management and realize the potential of ideas. CPA Global does this by supporting the day-to-day delivery of IP tasks globally and providing the right information at the right time, enabling professionals to make better IP decisions for the future. CPA Global’s integrated suite of IP software, services and information is underpinned by an outstanding global team of over 2,000 IP professionals, working together to help customers deliver strategic value.
