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CAPTURING IP


  • Uncovering intellectual property

  • Organizing intellectual property

  • Raising awareness of the value of intellectual property
  • Documenting intellectual property for the consumption of management and 3rd parties

Many technology companies invest a great deal of resources in developing intellectual property but do far too little to capture its value. Whether for determining the value of the company, or simply for the use of management for assessing the company's productivity, the process of documenting, cataloging, and analyzing the intellectual property created by an engineering organization is often extremely valuable. However, it is difficult and frequently overlooked. WiredObjects members have both the deep technical expertise as well as the strategic high-level view of the value of intellectual property needed to conduct such a review sucessfully. WiredObjects is thus uniquely positioned to help you communicate your company's real IP value both internally and to those skeptical outside parties who are used to empty claims of value.

We believe that much intellectual property is never captured because it is created by engineering staff who may not be aware of its value. Thus, it is critically important that the intellectual property assessment focus both on architecture and actual engineering output (e.g. source code, design, architecture). To that extent, our engagements involve significant direct contact with all members of the engineering organization, including developers, architects, and managers. Furthermore, because intellectual property is often best characterized within the context in which it is built, it is also important to involve other groups, such as product management, customer support, and even marketing teams in this process.

The process of collecting, organizing and documenting intellectual property is often undertaken in consideration of an client's imminent funding event. A WiredObjects engagement helps the client present a clear, complete, and comprehensible view of its intellectual property to third parties. The client will be more prepared for the due diligence investigations and will present a better image to those evaluating its claims of value. An intellectual property catalog and summary will help management focus on strategy and business issues like valuation rather than on internal intellectual property asset discovery and documentation.