The Reports and Dashboards of the tool are highly useful to get insight into the company’s complete IP portfolio and helps increase the company’s visibility by leveraging the company’s IP. It gives an overview of the efforts done by the team by showcasing the company’s innovations with the help of customized charts, reports and dashboards that can be created and shared with executives and shareholders. The key aspects of this includes easy and convenient drag-and-drop field selections that allow for easy sorting and filtering of reports and charts that are interactive.
IPfolio provides a great starting point for complete overview and insight into aspects of global positioning and cost structures followed by the company for IP protection, in the form of standard reports. These standard reports are grouped based on various factors such as financials, strategy and portfolio development. The reports not just include charts for full aggregate views, but also provide with lists including complete details as well.
Custom Reports and Charts:
The feature that allows one to create custom reports right from scratch is a very unique and neat feature in IPfolio. This can be done by using the drag-and-drop Report Builder which starts by selecting any object of your choice and then dragging fields from the list into the report. Once completed, we can add filters to the report such as status or geography and then create grouping layers so that the reports will display the complete aggregate information. This will help to summarize factors and values such as costs, scores and counts. Similarly, charts and figures can be added as well for a bright and visual experience in reporting. With experience, joined reports, advanced matrix reports and advanced formula fields can also be created for in-depth summarization and visualization of important data.
For management perspectives which would involve several factors and aspects of the company’s portfolio, the dashboards allow strategic arrangement of several charts in one screen for a collated and effective view. These dashboards are typically high level overviews that can be mapped according to region, technology or compositions of one or more than one factors including total IP spend per unit of business, complete revenues for licensing, or rankings of the most prolific inventors of the company.
For assisting the company to analyze and strategize the IP pipeline and assist the operations to track workload, throughput and bottlenecks in the current process, tactical dashboards will be very advantageous. Typical examples of such dashboards include visual representation of all inventions through the different stages by color coding them. If a company works with a number of external law firms or consultancies, then this type of dashboards will help them keep tabs on performance aspects of the service provider such as timelines, cost and quality.
IPfolio includes some very special set of visualizations in addition to standard charts such as bar, pie and line charts. These prove to be very useful when it comes to communicating effectively the IP strategy and goals to the other teams including the higher management. The visualizations include interactive maps which can be configured or filtered according to different product lines and statuses, which allow for quantification of the strength and size of the portfolio against specific business metrics like market behaviors such as shares and attractiveness.