Forecast is an advanced IP cost forecasting software solution that leverages predictive AI to deliver accurate budget predictions and powerful planning capabilities for intellectual property portfolios. It integrates seamlessly with Clarivate IP management software to provide a comprehensive solution for managing IP costs and budgets.

Key Features

AI-powered forecasting Utilizes predictive AI to analyze IP cost history and automatically generate accurate forecasts

• Continually learns from historical data
• Delivers automated budget predictions

Real-time insights Provides intuitive dashboards and custom reports for tracking actual costs against forecasts

• Easy-to-use visual dashboards
• Customizable reporting options

Transparent views Offers detailed cost breakdowns across the IP portfolio

• View costs by business unit, patent family, IP right, vendor, etc.
• Drill down to record-level costs and KPIs

Benefits

Improved budget accuracy Leverages AI and historical data to generate more precise IP cost forecasts

• Reduces budget under/over-runs
• Enables more strategic resource allocation

Enhanced efficiency Automates manual forecasting processes to save time and resources

• Eliminates time-consuming spreadsheet work
• Frees up staff for higher-value tasks

Better decision-making Provides data-driven insights to inform IP strategy and budgeting

• Run "what-if" budget scenarios
• Assess financial impact of IP decisions