Innography Rides Big Data Momentum, Closes Another Year of Record Growth
Innography, a CPA Global company, today announced record growth in 2016, led by a 24 percent increase in new client acquisition year over year, and driven by Innography software’s big data-derived insights that help organizations prioritize R&D investments, make patent filing decisions, decide litigation strategies and discover competitive positioning.
With rising demand for its patent search and analysis solutions, Innography continued to invest in new product innovation and services, earning numerous industry awards and accolades including a Stevie for Customer Service Team of the Year, SIIA CODiE for Best Legal Intelligence Solution, TSIA STAR Award for Innovation in Customer Success, and a Best in Biz Award for Innovator of the Year.
These honors were accompanied by an aggressive product expansion program, with many industry innovations including the integration of Innography PatentScout™ with CPA Global’s IP ONE intellectual property software, which reduces the time and costs required to validate patent data.
Other portfolio investments included the successful beta release of IdeaScout, an idea management solution to help companies better manage R&D innovation workflows and accelerate IP capture, filing and time to market. In addition, Innography continued to add value to its flagship Advanced Analysis offering, such as:
- PortfolioIQ - combines private company information with public patent data to help customers answer more sophisticated IP questions and conduct more complete analyses.
- 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.
- Terminal Disclaimers – the feature most highly requested at this year’s Insights conference and suggested by Kodak, Innography now finds and highlights US patents impacted by terminal disclaimers, enabling companies to minimize potential errors in portfolio management.
“Innography’s innovation and growth advanced and even accelerated in 2016”, said John F. Martin, CEO of Innography and COO Innovation Solutions at CPA Global. “Now with an even broader vision as part of CPA Global, our team continues to set the standard for software-enabled IP insights, product leadership and customer satisfaction delivering IP Intelligence software as a key part of The IP Platform.”
Validating these customer-centric efforts, Innography’s Zipline private online customer community continued to grow, encouraging the sharing of information among customers, including feature suggestions, blog posts, discussion groups, innovation forum and more.
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.
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.
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