by Angela Guess

A new release out of the company reports, “Anaqua, Inc., a leading provider of intellectual property analytics and management software and services, today announced the availability of a major product release that embeds big data analytics into the leading IP Management platform. ANAQUA 8.6 enriches the IP process with business insight gleaned from more than 100 million patents and 1 billion related artifacts. This intelligent system uncovers fresh opportunities to drive revenue and reduce costs and risk through unique new capabilities powered by the integration of analytics from AcclaimIP, which Anaqua acquired in the spring of 2016.”

The release goes on, “As competitive organizations seek to become smarter about getting maximum business value from intellectual property at the lowest possible cost, they need insight that guides better decisions throughout the process. Historically the power of IP analytics was tapped by a select few data analysts and search specialists. ANAQUA 8.6 is the first IP management platform to infuse the entire process of creating, protecting and monetizing IP with analytics delivered to the right user, in the right format at the right time. For the first time, inventors, business executives, IP leaders, operations managers, attorneys, and paralegals can benefit from the insight delivered through a unified IP platform.”

Bob Romeo, Anaqua CEO, commented, “Our customers wanted more than just a product suite so we took a different approach… Big data has game-changing potential. We put the power of insight into the hands of everyone who needs it by embedding analytics into the IP workflow. This is unique and it will help our customers make better decisions.”

Read more at BusinessWire.

Photo credit: Anaqua