First and foremost, many companies do not manage the intellectual property in an organized manner. In many cases, companies rely on ad hoc, human driven processes for safeguarding ideas and making decisions about them. Subsequently, a lot of innovative ideas lie fallow or are lost. Since human processes are error prone, a lot of mistakes get made. This represents a significant risk for companies today.
First and foremost, InnovationQ helps protect intellectual property by securing and authenticating it. Powerful tracking and reporting capabilities enable managers to see every event associated with an intellectual property asset, helping to detect synergies in their organization and guard against misuse. InnovationQ's workflow engine also allows companies to automate intellectual property processes in an easy to use, yet deliberate fashion that helps to insure error-free compliance.
InnovationQ combines a secure document repository with a workflow engine and client application to provide a complete intellectual property management solution. Key features include: