CPA Global, the world's leading intellectual property (IP) management and software specialist, has announced the launch of its latest software release, Memotech 6, providing corporate IP departments with a simple route to improved collaboration, efficiency and productivity.
Memotech 6 is a huge leap forward for the corporate IP sector; and is the latest in a series of product innovations resulting from CPA Global’s ongoing investment in its market-leading software solutions.
Memotech is the world’s most successful enterprise IP management system and this new release is eagerly anticipated by the hundreds of corporate clients that already trust the software to support their IP management needs. Amongst its many product enhancements, Memotech 6 delivers the following key benefits:
Greater business insight for collaboration and informed decision making: Whether working within or outside of the IP department, users can collaborate over idea generation, existing portfolio activity and future commercialisation strategies. Real-time information provides business managers with insight into key performance indicators across the innovation pipeline, submissions, IP spend and competitors making informed decisions on activities that may impact productivity, investment return or commercial risk.
Significant enhancements in usability and end-user efficiency: Memotech 6 features a completely flexible user interface. This empowers a company’s IP leadership team to set role-based configurations aligned to their business without complex software customisation.
Major improvements in business automation and data quality: Redesigned patent and trademark functionality with user-definable business rules delivers step-change improvements in data integrity and workflow management. By combining these with workflow-aware wizards and powerful multi-matter editing tools that shorten the time taken to complete common tasks, Memotech 6 brings important new productivity benefits to corporate IP departments.
Rapid generation of customised reports: Memotech 6 includes a powerful integrated reporting solution, which produces customised reports and dashboards in a matter of seconds. It enables users to quickly combine data fields into queries, then view the results, share them with their colleagues, or export data to Microsoft Excel.
A number of customers were given the opportunity to trial Memotech 6 under an Early Adopter Programme and have been delighted by the results. Helle Storm Aufeldt, Senior Patent Administrator at H. Lundbeck A/S, the international pharmaceutical company, said: “I'm excited about the new flexibility of Memotech 6. This is particularly useful in my role because it's more responsive and allows me to configure the user interface to be exactly in line with the way our IP management team works. In addition, the new graphical dashboards will help me show our executives how the IP operations are meeting their business needs. I’m looking forward to deploying this latest version of Memotech across the IP department.”
Ralph Schroeder, Managing Director of Hyperion Research, a legal market analyst firm, observed: “Corporate intellectual property management (IPM) is entering a new phase of maturity as organisations increase the sophistication of their practices. True enterprise-class IPM applications, such as Memotech 6, are critical enablers of these new ways of working.” In noting Hyperion's recognition of Memotech 6 as one of the market’s advanced solutions, Schroeder said: “The newly designed system provides a powerful toolset that positions CPA Global as a strong solution option for global IP owners.”
David Coster, CPA Global’s Director, Enterprise Software Solutions, commented: “Memotech 6 represents a significant innovation in IP management software technology, helping make life simpler for in-house IP professionals and further increasing their productivity and the ability to make more informed decisions. The enhanced usability and highly configurable nature of the software speeds up data entry and other administrative processes, enabling clients to maximise their time on managing their IP portfolios.”
Coster added: “Memotech 6 has been developed as a result of extensive consultation with customers and prospects, underlining CPA Global’s ongoing commitment to work with our software customers to deliver truly world-class products.”
CPA Global prides itself on the high-level of dialogue and collaboration it has with its software customers, as is evident through its annual software user conference and regular Software Advisory Council (SAC) meetings with users of its market-leading IP management software solutions.
CPA Global’s Memotech is specifically designed for the corporate IP department, and has been a pioneer in IP management software for nearly three decades. A modular design with many configuration options, Memotech supports and manages the entire IP lifecycle from the submission of an idea to the prosecution of a patent to the renewal process and beyond. In addition to connecting users to inventors, patent committees, attorneys, outside counsel and business managers, Memotech also integrates with third-party systems, allowing all IP activities and reports to be managed easily from one access point.
About CPA Global
CPA Global (cpaglobal.com) is the world's leading intellectual property (IP) management and IP software specialists, and an international provider of outsourced legal services. With offices across Europe, the United States and Asia Pacific, CPA Global supports many of the world’s best known corporations and law firms with a range of IP and broader legal services, helping them to manage risk, cost and capacity, and realise greater value for their businesses and IP assets.
CPA Global helps corporates and law firms in managing valuable IP Rights, such as patents, designs and trademarks, ensuring that IP portfolios are protected, maintained and regularly reviewed in order to maximise value. Working closely with its clients, CPA Global ensures they have the best information on which to base IP decisions, and the best support in terms of helping implement those decisions.
In IP software, CPA Global offers five market-leading IP management solutions (FoundationIP, Inprotech, Ipendo, Memotech, and Patrawin) tailored towards different types of clients and their specific needs, as well as First To File, the industry-leading electronic document management system for IP; Discover, one of the world’s most advanced patent search platforms; and IP Forecaster, the IP cost-forecasting software.
Founded in Jersey, Channel Islands in 1969, CPA Global today employs more than 1,800 people, serving clients’ needs in 200 jurisdictions through its own offices and an extensive agent network.