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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

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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.

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Streamline budget workflows

Advanced workflow engine streamlines budget approvals, enabling stakeholders to access, review and approve budgets and new expenditures.

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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

1,600
IP management users
2,000+
IP service professionals to support your workflow
160+
experts supporting software implementations globally
1,400+
combined years of experience implementing out IP management solutions

Resources

Why the rise of intellectual property value means IP leaders need better budget management Why the rise of intellectual property value means IP leaders need better budget management
Blog
Why the rise of intellectual property value means IP leaders need better budget management

As the business value of intellectual property (IP) continues to grow, the need to manage IP as a strategic asset is greater than ever. As of 2018, intangible assets accounted…

Transforming IP budget forecasting Transforming IP budget forecasting
Report
Transforming IP budget forecasting
Improving forecast accuracy and efficiency with AI-powered predictive intelligence
IP cost forecasting: adding accuracy, removing guesswork [New Report] IP cost forecasting: adding accuracy, removing guesswork [New Report]
Blog
IP cost forecasting: adding accuracy, removing guesswork [New Report]

Intellectual Property (IP) portfolios are expanding dramatically—and so are the costs of securing and maintaining patent and trademark rights. The fees for applications, local agents and renewals have become a…

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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.

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