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The investment made in Intellectual Property (IP) management software can work wonders in helping IP departments gain visibility, lower administrative costs, improve accuracy, and increase productivity. Unfortunately, a significant percentage of Intellectual Property management systems purchased are never fully implemented or don't deliver the utility the customer hoped for.
Here are the five most common mistakes made when selecting Intellectual Property management software:
Top 5 Mistakes To Avoid When Selecting Intellectual Property (Ip) Management Software
1. TOP 5 MISTAKES
TO AVOID WHEN SELECTING
IP MANAGEMENT SOFTWARE
FROM “SUPPORT” TO STRATEGIC”
2. Mistake 5:
Not Knowing What You Really Need
Take time to understand
what you really need
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3. Mistake 5:
Not Knowing What You Really Need
Focus on the key issues to be solved,
and opportunities to be seized
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4. Mistake 4:
Not Recognizing the Uniqueness of Your Business
Avoid inflexible software that limits your
team’s capabilities and growth
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5. Mistake 4:
Not Recognizing the Uniqueness of Your Business
Choose a software that will enhance
your business, not hinder it
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6. Mistake 3:
Not Including Key Users In Selection Process
Ensure active participation
from key stakeholders
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7. Mistake 3:
Not Including Key Users In Selection Process
Include your IT department
to help you from the start
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8. Mistake 2:
Evaluating Too Many Vendors
Avoid vendors that offer a deal that’s
“Too good to be true”
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9. Mistake 2:
Evaluating Too Many Vendors
Eliminate vendors that do not
meet 80% of your key needs
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10. Mistake 1:
Not Investing for the Long-Term
Intellectual Property management
software is an investment for the future
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11. Mistake 1:
Not Investing for the Long-Term
Choose the right partner that provides
the lowest TCO and highest ROI
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