Clarivate Report Unveils Key Challenges and Trends in IP Operations
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New Clarivate Report Reveals Challenges and Trends Shaping IP Operations
, /CNW/ -- (NYSE: CLVT), a leading global provider of transformative intelligence, today released a new survey-based report that reveals insights and best practices for optimizing intellectual property (IP) operations. In the Excellence in IP Operations report, experts highlight challenges and opportunities facing IP operations departments through the lens of strategy alignment, resource allocation, technology enablement and artificial intelligence (AI) adoption. The report is based on a global survey which took place over 10 weeks. 184 IP professionals from corporations and law firms, including both clients and non-clients of Clarivate, responded to the survey. From these responses, Clarivate experts analyzed results to unveil key insights and benchmarks, helping IP departments understand ways to achieve operational excellence. Annya Dushine, Senior Director, , Clarivate, said, "The world of IP experienced a seismic shift over the last half-decade. This survey gives us fundamental insights into what the industry is experiencing today. By combining these results with our extensive knowledge of IP operations, we can shed light on trends and challenges in IP operations and help organizations and law firms build effective strategies to achieve IP operations excellence." Key findings of the report include: Vasheharan Kanesarajah, Vice President, Head of Strategy, Intellectual Property, Clarivate, said: "IP professionals are under pressure to prioritize and balance strategy and tactics. A continuous stream of new tools, technologies and business models creates a shifting landscape that can be challenging to navigate. By combining our unmatched data and expertise in people, processes, intelligence and technology, Clarivate helps clients transform operations and uncover the maximum potential of IP." Learn more about Excellence in IP Operations. Methodology Clarivate launched its inaugural , providing benchmarks to shape and support the future of IP practices. 184 IP professionals from corporations and law firms, present in 50 countries, responded to the online survey . Of those who responded, 63% worked at corporations, with the largest sectors being Manufacturing (14%) and Pharma/Biotechnology/Healthcare (9%). The remaining 37% worked within law firms or legal services. Geographically, respondents were primarily located in (31%), (8%) and the (6%), with the remaining spread across 47 other countries within , , , , and the . Survey recipients were asked to answer 22 questions designed to measure effectiveness in IP operations, which were used to establish baseline benchmarks for measuring IP operational excellence. These questions measured critical aspects, including: About Clarivate Clarivateâ„¢ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com.
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New Clarivate Report Reveals Challenges and Trends Shaping IP Operations By Investing.com
, /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, today released a new survey-based report that reveals insights and best practices for optimizing intellectual property (IP) operations. In the Excellence in IP Operations report, experts highlight challenges and opportunities facing IP operations departments through the lens of strategy alignment, resource allocation, technology enablement and artificial intelligence (AI) adoption. The report is based on a global survey which took place over 10 weeks. 184 IP professionals from corporations and law firms, including both clients and non-clients of Clarivate, responded to the survey. From these responses, Clarivate experts analyzed results to unveil key insights and benchmarks, helping IP departments understand ways to achieve operational excellence. Annya Dushine, Senior Director, IP Consulting, Clarivate, said, "The world of IP experienced a seismic shift over the last half-decade. This survey gives us fundamental insights into what the industry is experiencing today. By combining these results with our extensive knowledge of IP operations, we can shed light on trends and challenges in IP operations and help organizations and law firms build effective strategies to achieve IP operations excellence." Key findings of the report include: Vasheharan Kanesarajah, Vice President, Head of Strategy, Intellectual Property, Clarivate, said: "IP professionals are under pressure to prioritize and balance strategy and tactics. A continuous stream of new tools, technologies and business models creates a shifting landscape that can be challenging to navigate. By combining our unmatched data and expertise in people, processes, intelligence and technology, Clarivate helps clients transform operations and uncover the maximum potential of IP." Learn more about Excellence in IP Operations. Methodology Clarivate launched its inaugural IP Operations Insight Survey, providing benchmarks to shape and support the future of IP practices. 184 IP professionals from corporations and law firms, present in 50 countries, responded to the online survey . Of those who responded, 63% worked at corporations, with the largest sectors being Manufacturing (14%) and Pharma/Biotechnology/Healthcare (9%). The remaining 37% worked within law firms or legal services. Geographically, respondents were primarily located in (31%), (8%) and the (6%), with the remaining spread across 47 other countries within , , , , and the . Survey recipients were asked to answer 22 questions designed to measure effectiveness in IP operations, which were used to establish baseline benchmarks for measuring IP operational excellence. These questions measured critical aspects, including: About Clarivate Clarivateâ„¢ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com.
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A new report by Clarivate highlights the evolving landscape of intellectual property operations, revealing major challenges and emerging trends that are shaping the industry.
Clarivate's Comprehensive IP Operations Report
Clarivate, a global leader in providing trusted information and insights to accelerate the pace of innovation, has released a new report shedding light on the current state and future direction of intellectual property (IP) operations
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. The report, titled "The future of IP: Challenges and trends shaping IP operations," offers valuable insights into the challenges faced by IP professionals and the emerging trends that are reshaping the industry.Key Challenges in IP Operations
The report identifies several significant challenges that IP professionals are grappling with in today's rapidly evolving landscape:
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Increasing Workloads: IP departments are facing growing pressure to manage larger portfolios and more complex IP assets
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Budget Constraints: Many IP teams are expected to do more with less, as organizations tighten their budgets in response to economic uncertainties
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Talent Acquisition and Retention: Attracting and retaining skilled IP professionals has become increasingly challenging in a competitive job market
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Technological Adaptation: Keeping pace with rapidly evolving technologies and their impact on IP management is a constant struggle for many organizations
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Emerging Trends Shaping IP Operations
The Clarivate report also highlights several key trends that are influencing the future of IP operations:
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Automation and AI Integration: There is a growing adoption of artificial intelligence and automation tools to streamline IP processes and improve efficiency
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Data-Driven Decision Making: IP professionals are increasingly relying on data analytics to inform strategic decisions and optimize their IP portfolios
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Globalization of IP: As businesses expand globally, there is a rising need for IP strategies that can navigate complex international regulations and markets
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Sustainability and ESG Considerations: Intellectual property is increasingly being viewed through the lens of sustainability and environmental, social, and governance (ESG) factors
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Impact on IP Professionals and Organizations
The report emphasizes that these challenges and trends are having a profound impact on how IP professionals and organizations approach their work. Gordon Samson, President of IP at Clarivate, stated, "IP professionals are under more pressure than ever to deliver strategic value to their organizations while navigating an increasingly complex landscape."
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To address these challenges and capitalize on emerging trends, the report suggests that IP professionals and organizations need to:
- Embrace digital transformation and adopt advanced IP management tools
- Invest in upskilling and reskilling their workforce
- Develop more agile and adaptable IP strategies
- Foster closer collaboration between IP departments and other business units
As the IP landscape continues to evolve, the insights provided by Clarivate's report offer valuable guidance for professionals and organizations seeking to stay ahead in this dynamic field
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