Increased globalization and the transition towards the knowledge economy have driven organizations to be increasingly dependent on their intellectual property intangibles to generate, maintain, and extend their competitive advantage. Understanding the latest technological developments, adopting relevant emerging technologies using IP data, and leveraging innovation ecosystem partners can help companies shorten innovation lifecycles.

An effective intellectual property strategy is an integral component in the business models of successful technology companies and is often their key source of competitive advantage. IP intelligence platforms such as PatSeer 360° can provide strategic insights about the latest technology developments and help discover new partnerships/ M&A opportunities.