Accelerated Growth and Market Momentum Into 2014
Key product advancements, client additions and industry recognition fueling success
Innography, the innovative software provider of better intellectual property answers for improved business results, achieved increased bookings growth in 2013 and new-client momentum to substantially further its leadership in the Intellectual Property Business Intelligence (IPBI) market. During 2013, the firm successfully positioned itself for even faster growth in 2014, with numerous industry-leading product advancements, new leadership hires in key positions and additional investment funding to fuel accelerating growth.
“2013 was a big year for Innography; we increased our bookings growth rate from 2012 and added more new clients in the fourth quarter than any other quarter in the past two years,” said John F. Martin, CEO and chairman of Innography. “More importantly, we built a foundation for accelerating expansion in 2014, with market-leading product momentum and industry recognition for our product innovations.”
Several large product releases in 2013 resulted in significant advances in Innography’s intellectual property analytics and patent analysis capabilities, including industry-leading data set sizes, fully exportable graphs with the underlying data, millions of downloadable documents detailing patent ownership and patent litigation histories, and flexible search-term highlighting. Innography also successfully launched PatentScout™, a new offering that provides unlimited private patent search to enterprises with powerful semantic search capabilities and avoiding the risk associated with using public patent search tools.
Innography expanded internationally in 2013, gaining the top three Asian smartphone makers as new clients, while including additional global patent coverage in the product at no additional cost. In 2014, Innography will leverage this momentum to further drive global expansion.
Already in 2014, Innography has been named the winner of two content CODiE awards for Best Legal Information Solution and Best Service Using Aggregated Content. In January, Innography also announced the completion of an oversubscribed round of funding with both current and new investors.