Clarivate Launches AI-Powered Tool For IP Forecasts And Budgets
Portfolio Pulse from Shivani Kumaresan
Clarivate Plc has launched Forecast, an AI-driven solution designed to optimize intellectual property portfolios and strategy. The tool provides predictive budget forecasting and is fully integrated with IPfolio, an IP management system. The launch comes as IP portfolios expand and the costs of securing, maintaining, and protecting patent and trademark rights increase.
September 20, 2023 | 10:24 am
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POSITIVE IMPACT
Clarivate Plc's new product, Forecast, could potentially increase efficiency and reduce costs for IP professionals, which may positively impact the company's revenues and attractiveness to investors.
The launch of Forecast, an AI-driven tool, could potentially increase Clarivate's revenues by providing a solution to the growing costs and complexities of managing IP portfolios. This could make the company more attractive to investors, potentially driving up the stock price.
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