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Global Enterprise Intellectual Property (IP) Management Software Market

Effective intellectual property (IP) management is essential to achieve competitive edge in the market. The highly competitive business environment is influencing companies to invest in technologies that ensure businesses and IP management strategies are categorically aligned to ensure smooth functioning of the organisation.

Effective intellectual property (IP) management is essential to achieve competitive edge in the market. The highly competitive business environment is influencing companies to invest in technologies that ensure businesses and IP management strategies are categorically aligned to ensure smooth functioning of the organisation.

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Report Description<br />

Effective intellectual property (<strong>IP</strong>) management is essential to achieve competitive edge in the<br />

market. The highly competitive business environment is influencing companies to invest in<br />

technologies that ensure businesses and <strong>IP</strong> management strategies are categorically aligned to<br />

ensure smooth functioning of the organisation.<br />

<strong>Enterprise</strong> management of intellectual property assets is gaining traction globally, as companies<br />

are realising that unlicensed public usage can be detrimental to not only the overall bottom-line<br />

of the company, but also to the entire business strategy.<br />

<strong>Enterprise</strong> <strong>Intellectual</strong> <strong>Property</strong> <strong>Management</strong> <strong>Software</strong> <strong>Market</strong>: Drivers & Restraints<br />

<strong>IP</strong> management software provides collaborative <strong>IP</strong> management services for different corporate<br />

requirements. Increasing emphasis on protecting and managing intellectual property portfolio is<br />

driving the growth of the global enterprise intellectual property management software market.<br />

Adoption of enterprise management of <strong>IP</strong> is gaining traction, as more organisations focus on<br />

organising their <strong>IP</strong> assets tactically and protecting them from unlicensed usage. Changing<br />

perceptions on <strong>IP</strong> has also influenced businesses to invest in their proper and organised<br />

management. While <strong>IP</strong> was seen as a corporate property for a long time, today, it is viewed as an<br />

inherent component of a strong business strategy. Many businesses have boosted their bottomline<br />

by monetising their <strong>IP</strong> assets.

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