Country for PR: United States
Contributor: PR Newswire New York
Tuesday, September 17 2019 - 17:00
AsiaNet
Global IP Industry Primed for "Digital Revolution" and Brave World of New IP
ST HELIER, Jersey, Sept. 17, 2019 /PRNewswire-AsiaNet/ --

IP technology leader CPA Global has today launched a new global campaign – New 
IP – calling on the international IP industry to radically re-imagine the 
business of innovation.

According to CPA Global, the 2020s are set to be the decade of radical digital 
change for the IP and Innovation industries and the law firms that 
strategically advise them. 

The risk, says CPA Global, is that by ignoring the digital imperative the IP 
industry - which remains reliant on infrastructure and processes which are 
rapidly approaching breaking point – will itself will become a brake on the 
pace of global innovation, 

Driving this race toward 'New IP', according to a new CPA Global report ( 
https://c212.net/c/link/?t=0&l=en&o=2581678-1&h=81577257&u=http%3A%2F%2Fwww.cpaglobal.com%2Fdigital-transformation-in-ip&a=CPA+Global+report 
) also released today, are a number of factors set to revolutionise how the IP 
industry works - and the pace and method of how innovations are brought to 
market, including: Blockchain; Artificial intelligence; Big Data and increasing 
global cooperation between national IP regimes.

This reality requires the industry to radically re-think its approach to many 
aspects of IP and innovation, and those that lead and embrace the idea of 'New 
IP' will ensure they make better business decisions.

Toni Nijm, Chief Strategy Officer at CPA Global, said:

"Intangible assets, notably including IP, are continuing to grow as a share of 
company values, while an increasingly competitive global marketplace means that 
businesses will either thrive or wither on the basis of their ideas and 
innovation.

"IP management remains in many cases an analogue endeavour, fraught with 
inefficiencies. The technological solutions are out there already, waiting to 
be unleashed and ready to drive a digital revolution across the IP industry.

"The industry as a whole has to reimagine how the IP system works so the best 
ideas can be brought to market more quickly and effectively. IP's time has come 
to embrace the power of technology and we want to use our expertise, tools and 
experience to help the IP industry navigate its digital journey.

"Industries don't transform overnight of course, and the pace of change will be 
different for individual organisations. Regardless, we are throwing down the 
gauntlet to the industry to see the 2020s as the decade of digital as we move 
towards a more connected, integrated, faster and more productive IP ecosystem."

CPA Global is rolling-out a global programme incorporating an industry 
engagement and awareness campaign - and an online New IP hub providing access 
to the latest thinking on digital transformation in IP from CPA Global and its 
customers, tools and guidance on how to successfully leverage digital within 
the IP environment. New IP will be the key theme at IGNITE2019 ( 
https://c212.net/c/link/?t=0&l=en&o=2581678-1&h=1463660077&u=https%3A%2F%2Flearn.cpaglobal.com%2Fignite2019-register-interest&a=IGNITE2019 
), CPA Global's flagship annual event held this year in Monaco, November 11-13.

Visit www.cpaglobal.com/NewIP.

About CPA Global

CPA Global is the leading intellectual property technology partner, trusted by 
over 10,000 of the world's most respected companies and law firms.

SOURCE: CPA Global

CONTACT:  cpaglobal@infiniteglobal.com / +442072691430 (UK/EMEA) / +16468933086 
(US)
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