Clarivate Integrates Trademark Solutions to Unlock the Full Value of Customers' IP

Rhea-AI Summary

On July 14, 2021, Clarivate Plc (NYSE:CLVT) announced the integration of its CompuMark™ trademark research and protection solutions into IPfolio™ and FoundationIP™. This move aims to streamline intellectual property (IP) management, enhancing data quality and reducing manual entry efforts. With global coverage of over 180 trademark authorities, the integration allows corporate IP departments and law firms to manage portfolios more efficiently. The strategy is designed to empower customers, fostering informed decision-making and operational excellence in IP management.

Positive

• Integration of CompuMark™ enhances IP management efficiency.
• Global coverage of over 180 trademark authorities improves data completeness.
• Reduction in manual data entry efforts saves time and increases data quality.
• Empowers customers to make faster, informed decisions regarding IP.

Negative

• None.

Reducing manual data entry efforts to help customers save time and increase data quality

LONDON, July 14, 2021 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced the integration of its trademark research and protection solutions powered by CompuMark™ into IPfolio™ and FoundationIP™, IP management software (IPMS) solutions for corporations and law firms. This integration is part of a long-term strategy by Clarivate to remove friction from IP management processes by connecting the IP ecosystem.

By adding global coverage of 180+ trademark authorities from CompuMark™ into IPfolio™ and FoundationIP™, corporate IP departments and IP law firms will be able to keep portfolio data complete and accurate while reducing manual data entry efforts, saving time and increasing data quality. This integration also brings CompuMark™ Watch ordering into FoundationIP™ and IPfolio™, allowing customers to start watching a trademark directly within their IPMS. In addition, IPfolio™ customers can now conduct automated matches for proposed trademarks within their IPMS.

These integrated IP solutions empower customers to manage their IP in ways that unlock the full value of their assets. By combining a broad array of IP management services, rich data and deep IP lifecycle knowledge, Clarivate is bringing together capabilities that will enable customers to make informed decisions with greater speed and confidence.

Gordon Samson, President, IP Group, Clarivate, said, "At Clarivate, we are on a mission to improve the way the world creates, protects and advances innovation. That's why we help our corporate and law firm customers compete effectively in this evolving landscape by unlocking the full value of their IP. The end result for our customers will be operational excellence by reducing friction in management tasks, improved collaboration by connecting professionals with the larger IP ecosystem and better decisions informed by data-driven insights. Clarivate will continue to invest in and extend IPMS solutions."

About Clarivate

Clarivate™ is a global leader in providing solutions to accelerate the lifecycle of innovation. Our bold mission is to help customers solve some of the world's most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions in the areas of science and intellectual property. We help customers discover, protect and commercialize their inventions using our trusted subscription and technology-based solutions coupled with deep domain expertise. For more information, please visit clarivate.com.

Clarivate media contact

Helena Desancic, Corporate Affairs Manager
media.enquiries@clarivate.com

 

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SOURCE Clarivate Plc

FAQ

What is the significance of Clarivate's integration of CompuMark™ into IPfolio™?

The integration aims to streamline IP management processes, improve data accuracy, and reduce manual entry efforts for corporate IP departments and law firms.

When was the press release about the integration of trademark solutions by Clarivate issued?

The press release was issued on July 14, 2021.

How many trademark authorities does Clarivate's CompuMark™ cover?

CompuMark™ provides global coverage of over 180 trademark authorities.

What are the expected benefits of the new IP management solutions by Clarivate?

The solutions are expected to enable customers to manage IP more effectively, unlocking the full value of their assets and allowing for faster, data-driven decision-making.