Iamip News

NKT selects IamIP for the handling of 3rd party patents

Press Release

NKT, pioneer in the cable industry started a partnership with IamIP- a leading patent management software provider.

Stockholm, Sweden, 27 June 2018 – Today IamIP, a leading SaaS Platform provider in the Intellectual Property industry, announces that NKT, a global leader in the cable industry, has become a new important client to IamIP.

The IamIP platform offers patent management at its best: strategic and actionable insights in technology, competition and trends; dynamic collaboration; monitoring of competition, trends and profitability, and much more.

“We believe that the IamIP platform is innovative in its user friendliness and the advanced collaboration capabilities. It will allow us to very easily involve the R&D departments in patent processes. A critical point for us was that the IamIP platform provides a comprehensive and sophisticated patent archive, where all important patents can be saved, and all involved users could leave their comments as well as access comments of other users. Thus, all relevant information is stored in one place that is kept automatically up to date. This combination made us choose IamIP as a strategic partner in intellectual property,” says Rune Bolt, Senior Legal Counsel, IPR, NKT A/S.

We are now in the implementation phase of the IamIP Platform and could already identify first effects that we want to extend further throughout the next 12 months as we managed to

● Increase the transparency of our processes as the information is now accessible to everybody involved;
● Save time in particular for the patent functions that became the bottleneck in the weekly patent monitoring process. This is now done decentralized directly in the R&D departments by patent inspectors. As a side effect this sped up the time from the capturing of a patent application until its review by the patent inspector, it is now closer to a real-time monitoring;
● Establish shared responsibilities and ownership by the involved colleagues, as everybody involved has a responsibility for being on time, maintaining reliable data/comments and having high quality in data and analysis – which in the end is the ground for decision-making,

continues Rune Bolt, Senior Legal Counsel, IPR, NKT A/S.

Dimitris Giannoccaro, CEO of IamIP says: "We are constantly improving our platform according to our customer needs - it's amazing to see IAMIP further spread on the Nordic market and how our platform can be of significant help when improving IP workflows. The next step is to finish the onboarding and ensure a successful implementation of the platform across the organization, so NKT can start their journey towards excellence in innovation."

ABOUT IAMIP

IamIP has digitalized one of the last few paper-based and manually handled industries, the complex intellectual property industry. This industry is plagued by complexity with over 3 M new patents filed every year (growing), and $20Bn+ wasted on double work in R&D in Europe alone. IamIP platform enables technology-based companies to easily access and evaluate patent portfolios, monitor competitors and technology to get valuable strategic insights – in time - for making decisions in innovation.

For more information on IamIP, please visit www.iamip.com

MEDIA CONTACT:

IamIP Sverige AB

Joanna Dabrowska-Slaby

Marketing Coordinator, IamIP Sverige AB

Email: joanna@iamip.com

ABOUT NKT

NKT has pioneered the cable industry since 1891, and today we are still proactively meeting the world’s constantly growing need for power. We achieve this with our unparalleled energy transportation expertise and cost-effective manufacturing at the highest technological level, and with the regeneration of the environment in sharp focus. We have a ‘global’ mindset rooted in trusted partnerships, and we firmly believe that by working together we can shape the future and use our passion to bring power to life.

NKT is a global and recognized provider of turnkey AC/DC cable solutions with headquarter in Denmark. We employ approximately 3,400 people, and realized a 2018 revenue of
EUR 1.4 billion. NKT is listed on Nasdaq Copenhagen.

 For more information on NKT, please visit www.nkt.com