Forecast
Advanced IP cost forecasting powered by predictive AI
Next-generation IP cost forecasting
Accurate cost predictions are critical for managing IP budgets. Forecast gives you powerful budget forecasting and planning capabilities alongside AI-powered predictive analytics, integrated with Clarivate IP management software.
Transform your efficiency
Save time and money by eliminating manual processes. Automatically import IP portfolio data, providing one source of truth for IP costs.
Hit your budget consistently
Track actuals against forecasts, with real-time alerts to keep you on track. Run budget scenarios to view how decisions will impact budget.
Accelerate IP budget approvals
Intuitive visual dashboards and easy-to-create custom reports let you collaborate more efficiently with stakeholders and decision makers.
Why choose Forecast?
AI-powered forecasting
Predictive AI continually learns from your IP cost history to deliver accurate forecasts to inform budget planning decisions—automatically.
Real-time insights
Intuitive dashboards and custom reports make it easy to track actuals against forecasts, so you can proactively course-correct budgets.
Transparent views
View costs across your portfolio or by business unit, patent family, IP right, vendor, and more. Drill down to record-level costs and KPIs.
Benefits
Test budget scenarios
Analyze the budget impact of IP decisions with “what if” scenarios to chart a course with a clear understanding of financial implications.
Streamline budget workflows
Advanced workflow engine streamlines budget approvals, enabling stakeholders to access, review and approve budgets and new expenditures.
Seamless integration
Forecast integrates seamlessly with Clarivate IP management software, automatically capturing IP portfolio information and offering easy access to forecasts.
Get started
Talk to us about your IP cost and budgeting challenges.
Our offering in numbers
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FAQs
With Forecast, you can track actuals against forecasts, with real-time alerts to help keep you informed. Within the software, you can run “what if” budget scenarios to assess the impact of decisions, reducing the risk of budget under- or over-runs. Plus, AI technology automatically analyzes the factors impacting your IP costs, generating accurate budget predictions.
Forecast integrates seamlessly with Clarivate IP management software, automatically capturing information about your IP portfolio and offering easy access to forecasts. Cost data can also be captured from leading enterprise resource planning (ERP) or enterprise legal management (ELM) systems.