Saving money by managing patents in SharePoint
From expensive online service to a self-managed SharePoint solution
A large chemical company was managing its patents using an online platform run by a third-party provider. We proposed to build a patent management system in SharePoint, saving big on license costs and adding flexibility.
The license cost for the online service was high, complaints of users about a lack of flexibility and missing reporting functionalities were a few reasons to look for alternative solutions. When we analyzed the requirements of the patent team, we've noticed that the core of the functionality would be document management.
We were able to cover all the needs using the standard functionalities of SharePoint. Additionally, we made sure some helpful reports could be executed, like a list of all patents that needed renewals within the next three months.
"The new Patent solution tool is easy to use and allows us to report to our business and patent holders. The results are obvious: no more expensive licenses and higher flexibility."