Anaqua, the leading provider of innovation and intellectual property (IP) management technology, announced the launch of AI-powered AQX® 11, Anaqua’s most significant platform release in 20 years, helping corporations and law firms maximize value from their IP assets. The launch coincides with the first day of the Anaqua Experience Conference and is also part of the company’s 20th anniversary celebration.
AQX 11 is an IP platform designed for operational and strategic advantage. It transforms the world of IP management and significantly improves the decision-making capabilities and efficiency of IP lawyers and teams. The platform includes a number of new features:
AI Capabilities: AI Patent Summaries™ and AI Patent Auto-Classifier™ modernize patent review and classification processes, reduce manual effort, and improve data accuracy. These AI capabilities enable users to easily summarize patent claims and inventions and automatically classify both internal and competitor patents and assign them to the company’s own classification system, providing a comprehensive view of the competitive landscape.
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Lawyer Workspace: For the first time, lawyers can quickly access all of their IP case data in one central location. This enables lawyers to speed up and improve their decision-making by having all relevant information, such as office proceedings, foreign filings, patent renewal decisions and more, immediately available.
Automation: Automated document processing is a significant advancement that eliminates manual processes when communicating with patent and trademark offices. This can reduce errors and allow IP teams to focus on validating data accuracy and performing higher-level tasks rather than data entry.
Domain Name Management: A new module tracks and manages domain name information along with IP assets, providing a holistic view of a company’s portfolio that is precisely aligned with the way business owners manage these important assets.
Innovation Management: Companies can accelerate innovation and maximize its value by involving IP lawyers early and often in strategic innovation management planning. The module improves idea capture and development across the organization, streamlines cross-team collaboration, and provides efficient tools for managing contributions from inventors and non-inventors. This accelerates time to market and ensures that the best ideas are protected and implemented.
Product Management: A new feature brings transparency to patent processes by linking patents, trademarks and financial data to product families, enabling a clear understanding of the IP assets that drive product value. This improved visibility, including patent valuation data, makes it easier to identify licensing opportunities and informs renewal decisions.
“Today is a milestone day as we launch AQX 11,” said Bob Romeo, CEO of Anaqua. “With AI and enhanced automation, this is a leap forward in IP management technology. As Anaqua celebrates 20 years, this release underscores our progress and commitment to innovation. We are excited to celebrate our anniversary and share this success with our global community of customers who have been instrumental in making this possible.”
Vincent Brault, Senior Vice President of Product & Innovation at Anaqua, also emphasized the importance of the launch: “AQX 11 is the result of intensive collaboration with our highly valued customer community. This solution enables our customers to optimize their operational efficiency and strategic decision-making through groundbreaking AI capabilities and automation. AQX 11 enables intellectual property professionals to gain key insights from fundamental data and streamline portfolio decisions and patent classification. AQX11 thus sets a new standard in IP management technology.”
SOURCE: GlobeNewsWire