Toshiba Digital Solutions Corporation ("Toshiba Digital Solutions") and IPwe, Inc. ("IPwe") have agreed to begin collaboration to build an intellectual property information platform that will support intellectual property strategy1. The platform will support the realization of IP Digital Transformation (DX), using intellectual property to enhance corporate value.
In recent years, intellectual property has become a more important management resource as a source of competitive advantage. As incorporated in Japan’s revised Corporate Governance Code2, companies are now required to disclose their intellectual property investments and intellectual property strategies.
Toshiba Digital Solutions boasts a wealth of experience and expertise in the introduction of intellectual property management solutions to companies in Japan. IPeakMS®, Toshiba Digital Solutions’ flagship SaaS-type intellectual property management service, has a function to flexibly expand and efficiently collect information that is useful for analysis and utilization and enables centralized management of intellectual property information, including know-how, human resources, evaluation information, contracts, and expense information in the cloud. The service is provided together with Toshiba Group's expertise in intellectual property management and has been well received for its high security and ease of implementation with low initial investment.
IPwe is a global provider of Smart Intangible Asset Management (SIAM), AI and blockchain-based IP analytics and financial valuation solution. SIAM is a cloud-based SaaS solution for strategic IP data management, objective IP asset valuation, benchmark analysis, and more, enabling IP owners to efficiently and accurately capture, develop, and manage IP data, including the asset’s transaction history and the value of their portfolio, along with competitors’ portfolio valuations, globally over time.
Through this partnership, the two companies will leverage their respective intellectual property products and expertise to create an intellectual property information platform that enables companies to determine the value of their intellectual property using objective and standard benchmarks, improve IP asset management, streamline reporting processes, and create new avenues for the buying and selling of intellectual property.
The platform will support the strategic development and utilization of intellectual property and intangible assets, including know-how and other assets, and aid in the realization of a comprehensive IP DX that leads to more efficient compliance with Japanese law, thereby contributing to increased corporate value.
Shunsuke Okada, President and CEO of Toshiba Digital Solutions, said, " Toshiba Digital Solutions has been an industry leader in providing confidential intellectual property and know-how as a SaaS-type cloud service that maintains a high level of security. We believe that this has created a breakthrough in the common practice of collecting and managing various types of information related to intellectual property and has enabled the analysis of active information. By collaborating with IPwe, we will support companies that seek to digitally transform their intellectual property and contribute to the promotion of the utilization of intangible assets such as intellectual property and know-how.
Leann Pinto, CEO of IPwe said, "IPwe has been at the forefront of the digital transformation of intellectual property since its inception in 2018. Last December, we expanded into Japan, and shortly after, in January, we announced the deployment of 25 million patents NFT3 as "IPwe Digital Assets™"4 to facilitate the digital transformation of intellectual property. This collaboration with Toshiba is the first of many major initiatives for IPwe Japan that will transform IP management for the Digital Web 3.0 world. IPwe, in partnership with Toshiba, will provide clients with comprehensive solutions for informative and strategic IP management, and IPwe is looking forward to further supporting innovation and IP Dx in Japan."