InspireIP - Symphony Integration

73% innovation leaders face high cost pressure in intellectual property budget

Are you taking control of your IP budget?

3 Targets of IP Cost Management

Start your intellectual property management journey without breaking your neck. Slash the prices of expensive IP management systems like Symphony and enjoy a cost-effective IP lifecycle with IP Assist integration

Optimize Outside Counsel Expense

Build A Robust IP Portfolio

Intellectual Property Management

What’s driving the high cost of IP operations?

Intellectual Property Management Software Costs

Symphony - Starting at $10,000 USD/company/year

IP management software like Symphony by Maxval is essential to IP operations, managing the entire lifecycle from invention disclosure to prosecution and docketing.

However, licensing and implementation costs have tripled recently, making these systems more complex and expensive—yet indispensable for effective IP management.

IP Portfolio Management and Maintenance

Innovation leaders aim for a robust pipeline. A typical action plan involves:

Capturing ideas
Quickly identifying those with commercial potential
Involving the right people at each stage
Initiating the patent process
Managing complexities across jurisdictions
Tracking portfolio growth

This comprehensive approach demands significant time and investment.

Outside Counsel Annuity Fees

Outside counsel costs are a significant IP budgeting challenge, with hourly rates often debated.

Despite their high costs, outside counsel remains invaluable in the fast-paced innovation landscape.

While in-house teams handle patent protection and disclosure strategies, outside counsel still plays a crucial role, leading to substantial expenses due to the extensive hours required.

Symphony - IP Assist Integration is the answer

Enjoy patent drafting and docketing of high-end Symphony IP Lifecycle Management System. But be independent in invention disclosure, idea and innovation management, and IP portfolio maintenance with IP Assist

Why IP Assist integration outperforms the standalone Symphony system

With IP Assist Integration	Symphony Standalone System
Tailored pricing that matches your company's needs	Standard pricing with limited flexibility based on company size
Little to no implementation or onboarding costs	Higher costs for implementation and training
Capture, develop, and implement ideas seamlessly with quick collaboration	Basic capabilities with focus on the latter stages of innovation
Help inventors craft detailed, high-impact invention disclosures	Longer innovation cycles due to complex and less intuitive systems
Accelerate your patent application process time	Prone to delays and bottlenecks
Run focused innovation challenges and track your portfolio effortlessly	Limited features to boost engagement and track measurable innovation outcomes