Taipei, Taiwan/Singapore, Singapore | December 18, 2020 — InQuartik Co., the global leader in providing timely and comprehensive patent data, announced today that it has signed a partnership agreement with Piece Future — the innovation-driven intellectual property bank based in Singapore. Piece Future will integrate InQuartik’s Due Diligence — part of the Patentcloud platform — with its proprietary patent evaluation system — Valuation 360˚, to help its clients manage their patent portfolios and enhance commercialization.
In an ever-changing era, businesses must keep up with the latest technology developments and find ways to stand out in the industry. Piece Future and InQuartik both foresee the need to evaluate intangible assets, unearth valuable ideas, and convert such ideas into monetizable goods — all of which are crucial for any IP-rich company.
“We are happy that InQuartik’s Due Diligence and Patent Quality Ranking, together with our unique in-house dynamic market valuation system — Valuation 360˚, will provide a powerful combination to multinationals in helping them manage and commercialize challenging portfolios. The consolidation has helped many clients uncover multiple hidden gems in their patent portfolios and has generated a substantial return on investment. ”
–Jason Loh, CEO of Piece Future
“As intangible assets, especially patents, are becoming more important in evaluating a company’s competitiveness, valuation, and stock value, we believe that every company or organization should adopt a more data-driven approach to transforming its intangible assets into monetizable goods or services. By combining our leading patent portfolio evaluation solution with Piece Future’s unparalleled dedication to assisting businesses of all sizes in monetizing their patent portfolio, companies can sustain and develop their specific roadmap and value in the long run.”
– Y.P. Jou, CEO of InQuartik
By incorporating InQuartik’s Due Diligence solution into the process of patent portfolio evaluation, corporations worldwide can make more accurate and impactful decisions based on the streamlined and visualized data insights provided by this AI-driven automated solution. Additionally, with the help of Piece Future’s experts, innovative companies and start-ups in Southeast Asia can gain strategic advice on IP portfolio management, the best mode for monetization, and roadmapping.
About Piece Future
Piece Future is a Singapore-based, innovation-driven intellectual property bank. Piece Future manages IP-rich corporations, institutions, SMEs, and start-ups worldwide, offering strategic IP banking and innovation services ranging from IP investment advisory, IP asset management, capital advisory, and innovation platforms. It provides an integrated approach to monetizing patents and related know-how through expertise in technology, business, and intellectual property transaction.
InQuartik is an IP intelligence company dedicated to converting patent data into actionable insights and delivering AI-driven solutions. With a database of over 100 million patent documents from 90+ countries, InQuartik is an industry leader. Throughout the entire patent lifecycle, InQuartik supports IP professionals and law firms through its platform — Patentcloud — enabling them to work smarter, live better and gain more success.