Digitisation is rapidly changing how businesses operate and technological advancement is disrupting the way in-house legal and IP teams function. We analysed 53 different software solutions in the market to see how the technology landscape has changed in the last 25 years. We found that most software solutions support automation of tasks for the IP team more efficiently, such as filing and docketing, rather than empowering them to make new, informed data-driven decisions.
Most tools still focus on managing the IP portfolio by either reducing or fully removing human intervention in basic workflows. In the last decade, however, there has been a slight shift towards software tools that support data-driven decision making through enhanced data inference and trend prediction...
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