These days, American companies recognize the value of intellectual property. They pour billions of dollars into research and development, hammer out licensing deals and acquire patents and other IP through mergers and acquisitions. It’s not uncommon for a large business to have a portfolio of thousands of patents or more. With portfolios that large, many companies are turning to software solutions to help manage and analyze their intellectual property.
One company that offers an enterprise-class, cloud-based solution for IP and innovation management is Lecorpio, which has just released a new update to its software. According to William Soward, chief operating officer of Lecorpio, version 2.7 of the Lecorpio solution,“is optimized for outside counsel and provides a comprehensive approach.”