21st January 2019
Inngot, the innovative web-based platform for intellectual
property (IP) and intangible asset identification and valuation,
has concluded a strategic alliance with global IP services company Rouse.
The agreement sees Rouse making a strategic investment in Inngot through the acquisition of a minority stake. Both companies will continue to operate independently and will maintain separate brands.
Inngot co-founder and CEO Martin Brassell said:
“We’ve been working increasingly closely with Rouse over the past year and have experienced the benefits of their professionalism and reach at first-hand. Both our organisations have pushed the boundaries in helping companies harness their intangible assets more effectively. Through this new alliance, we will enable many more businesses to understand and unlock the value tied up in their IP.”
Rouse CEO Luke Minford commented:
“We’re delighted to launch this new collaboration with Inngot. Our alliance further strengthens Rouse’ ability to deliver commercial IP strategy underpinned by forensic understanding of asset value."
“Economic conditions are tightening and market competition is intensifying across every industry and rights holders need to focus unerringly on capturing and leveraging every ounce of value from investments made. Together, Rouse and Inngot are unrivalled in our ability to guide clients on that journey.”
Rouse is widely recognised as one of the leading global IP consultancies, operating as a closely integrated network, with more than 600 people working out of 16 offices in 13 countries. It provides the full range of IP services, from portfolio management, disputes and enforcement through to strategy, consulting and commercialisation.
The new relationship with Inngot helps cement Rouse’ position as the preeminent provider of IP strategy advisory services globally, not least across Asia and the Middle East, where the firm’s specialist expertise is long-established. Inngot’s high profile work in emerging markets will ensure synergies between the two companies’ collaborative offer.
Inngot’s identification and valuation systems bring a standardised framework to the field of IP management and valuation, and are helping to increase confidence in intangible assets across the finance industry. In difficult economic conditions, the ability to unlock latent value within innovation investments is a vital frontier of commercial growth for all rights holders, particularly within the SME community.
Inngot is also known for its work with governments, international Non-Governmental Organisations (NGOs) and leading business groups in developing policy that drives appreciation of the true value and significance of intangible assets in the 21st century global economy. The Organisation for Economic Co-operation and Development (OECD) has just published the latest report by Inngot CEO Martin Brassell, Fostering the use of intangibles to strengthen SME access to finance, based on Inngot’s international research.
15th November 2018
Inngot were recently invited by the EU IPO, on behalf of the
European Commission, to deliver on a series of
“Train the Trainers” masterclasses for a new European Commission
IP pre-diagnostic (IPPD) service. IPPD is a pilot programme to
be rolled out in some EU countries, which is based and builds on
experience from similar audit schemes (e.g. by INPI, France and
UKIPO ‘IP Audits Plus’ scheme and European Patent Office
initiatives). The aim of IPPD is to have a network of
business advisers on hand to raise awareness within the EU SME
community of IP and wider intangible assets family, and the
Dr Alison Orr was delighted to deliver this masterclass and work with IP experts from across the EU, meeting some new and familiar faces in Brussels and have the opportunity to share best practices on IP management, strategy and valuation in an interactive training session.
7th November 2018
Inngot’s cost-effective internet-based IP valuation tool recently
helped software group EAMS Group gain financing from HSBC UK,
through the first use of the bank’s IP Lending Proposition.
EAMS secured a £700,000 finance package from HSBC, which will be used to expand its workforce and assist in the acquisition of Serbian software business Inspiresoft. EAMS provides enterprise asset management software solutions to organisations in the transport sector all around the world, with offices in London, New York, San Francisco and Sydney.
To help identify companies with truly innovative technology, HSBC is now taking an active interest in intellectual property, seen by many as the currency of the knowledge economy. The new IP Lending Proposition makes use of Inngot’s unique valuation process to provide cash flow-based lending that is backed by the value of a company’s intangible assets. This is particularly well suited to growth companies like EAMS, whose assets are primarily software-based rather than physical.
Laura Murray, HSBC UK’s area director for corporate banking in East London and Canary Wharf praised the new scheme, saying: “We are delighted to have used our new Intellectual Property Lending Proposition to enable us to support such an ambitious research and development start-up on its journey to expansion.” Lenders increasingly appreciate that IP-based companies contain significant hidden value that is not reflected in their accounts. More, like HSBC, are taking measures to uncover that value, to understand it and provide finance to allow those companies to develop.
For more details, contact Inngot on 0333 800 8090 or online at Inngot.com
See the full story at BQ Live
18th November 2017
Inngot’s online Sollomon Intellectual Property(IP) valuations
identify the value in intangible assets. In a few short weeks’
companies in the Creative & Media, Software, Biotech and many more have
unlocked more than £30 million of value in their IP.
These valuations have assisted companies with negotiations for funding, sales and licensing of IP using the widely recognised and respected ‘relief from royalty’ approach to IP valuation built with specialist input from Grant Thornton LLP.
With a grand total of £404,226,412 of IP value found Inngot’s Sollomon tools have been found to be invaluable in the negotiation of funding. Our customers have gained instant insight of the value of their intangible assets and can further develop their IP with strategy suggestions with our unique Appraise tool.
Valuations are £350 + VAT and include a review by one of our specialists. Steve Skill recently used the tool when looking for access to equity funding, and said that following the valuation more doors are opening – he said the valuation “sheds light from a professional perspective on your IP, you can go to the negotiation table and negotiate with confidence”.
We are delighted to be helping businesses identify the hidden value of their IP, assisting them to secure funding, negotiate sales and work on their IP strategy. The next few months will see our tools expand and grow to enhance the experience for our Customers and we are excited to share this with you.
Inngot’s groundbreaking Intellectual Property (IP) profiling tool has just become even easier. The introduction of a patent lookup in Goldseam means that instead of individually entering patents into the profiling system, entering one number will allow you to select others instantly from its family.
Inngot’s profiling system is designed to allow you to uncover your intangible assets in 15 to 30 minutes. The introduction of patent lookup could make this even quicker. Once you’ve entered all your data, you will be provided with an intangible asset register, a welcome addition to your company’s business plan and documents, detailing the assets which you cannot trust.
How it works
Entering your patent number including country prefix automatically displays the entire patent family if applicable, it also finds all relevant information and displays if the Patent is live, you can then select those relevant to the innovation/company you wish to value.
Valuing your IP
Goldseam’s profiling system is the first step to uncovering the hidden IP value of your innovation or company. After completing your Goldseam profile a few further questions about an IP’s financials and related information you will receive an indicative valuation. Over 80% of your company value could be in your IP and with a Sollomon certificate you will be able to demonstrate this intangible value.
An integral part of your IP strategy is registered rights and we know that companies can have a large IP portfolio, Inngot’s new Patent Lookup provides a quick and easy way to enter all the registered rights applicable to an IP.
Currently the Patent Lookup works for GB, WO, EP, US and SG Patent’s which have reached the ‘publication stage’, however this is due to expand to include all Patent’s shortly.
27th September 2017
Hidden Value (UK IPO, 2017) investigates why comparatively few companies
routinely examine the financial value of their intellectual property and
intangible assets market. The 140 pp report is co-authored by Inngot CEO
Martin Brassell and Dr Jackie Maguire of Firm Advantage, formerly CEO of
Coller IP Management.
The study looks to understand why companies do not consider the hidden financial value of their intangible assets and particularly intellectual property (IP) on a more routine basis. It aims to increase awareness and understanding of the business benefits from valuing and effectively managing intellectual property.
The report focusses on four key aspects of the UK market for IP valuation:
Follow this link for access to the full report.
9th June 2016
Martin Brassell, Inngot's CEO will be taking part in a panel discussion at the Innovation Growth Lab's annual conference in Barcelona.
Before the event, Martin wrote a blog post for Nesta explaining New models of support for Unlocking bank finance for intangible assets.
Read the blog post here.
Follow what's happening at the event here.
10th May 2016
Inngot’s online intellectual property (IP) Valuation Tool,
Sollomon®, has now identified over £300,000,000 Intellectual
Property, for a wide range of clients, operating in a variety of sectors.
IP and intangibles are now the most valuable assets owned by the majority of businesses. Martin Brassell, Inngot’s CEO, explains: "Thirty, or forty years ago, most businesses had lots of tangible assets - buildings, machinery, stock and so on - but with the rise of the digital era, increasing numbers of organisations own very few tangibles.
To give an example, a small, successful software company, may only have a few thousands of pounds-worth of physical assets, such as computers, but the value of the software they produce, may run into tens-of-millions."
It is against this background that Inngot’s online IP identification, valuation and management tools, were developed.
In the old days, placing a value on a business was a relatively straightforward task: premises, equipment, vehicles and goods - whether new or second-hand - all have an established market value. If you wanted to raise funding for expansion, or sell your business and retire to the Costa del Sol, all you had to do was work out the value of all this ’stuff’, throw in a bit of goodwill and, hey-presto, you had a value for your business! It’s often not so easy, with modern, low-tangible-asset businesses, if you want to raise funding or sell your business - so how can you work out its value?
The first step in the process, is to identify everything the business owns and Inngot’s Goldseam® profiling process is a good starting point. This free profiling process, can be completed online, in less than half-an-hour and enables you to produce a PDF Inventory of the organisation’s IP and intangibles.
The next step is to use the Sollomon® valuation tool, to start the valuation process. For a modest fee, the online tool will walk you through the process, which combines the results of the profile, with other information you provide, to create an indicative valuation of your IP and intangibles. Upon completion of the process, an Inngot Analyst provides you with feedback, which enables further ’fine tuning’ prior to completion and production of your PDF Valuation Report.
From Aquaculture to Zinc Die Casting, companies from all over the world have found
that the Sollomon® Valuation Report is a great way to help them realise the
true value of their business - over £300m to date!
How much is your business hiding?
26th April 2016
Inngot CEO, Martin Brassell, will be presenting the Sollomon
online IP valuation approach at Denmark’s annual IP conference,
to be held this year on 3 November in Copenhagen.
Co-hosted by the Danish Patent and Trademark Office and the Danish Maritime and Commercial High Court, the theme for this year’s conference is "IP rights; cost or investment?," taking an economic and commercially-oriented view of IP.
The news coincides with the addition of Denmark and Danish Kroner to the list of countries and currencies for which the Sollomon valuation tool has been optimised. Other countries recently added to the system include Australia and New Zealand, Canada and Norway.
Inngot CEO Martin Brassell commented: "As an increasing number of companies and policymakers come to appreciate the importance of having a standardised ’conversation starter’ on IP value, we’re delighted to be adding further territories to our website. Each new country requires us to analyse the elements of our cost of capital calculations, to ensure they are correctly calibrated, and that the service is appropriately tailored to the needs of locally based businesses."
25th April 2016
Inngot, the intellectual property (IP) commercialisation specialist,
has moved to larger, brand-new premises in the heart of Swansea’s
thriving Creative Quarter. The new head office, which is located in
the Urban Village, High Street, will enable the growing company to
accommodate a number of additional employees, who will be recruited
in coming months, as part the next phase of Inngot’s planned expansion.
In addition to the more ’traditional’ offer of IP consultancy and research services, the firm, which was established in 2007, has a unique suite of online tools that are increasingly being used by commercial finance providers, to help counter the growing threat from the Fintech sector.
Paul Rogers, Inngot’s Technical Sales Manager, explains: "We are experiencing significant sales growth, both in the use of our tools, as well as in services, including some large international consultancy projects. It is essential that we have a well-located, professional office environment and the space to expand our workforce. We couldn’t have asked for a better environment - the new premises hit the mark in every respect."
Over the next few months, Inngot plans to introduce new products and services that will increase the company’s reputation as a ’one-stop shop’ for individuals and organisations that are looking to create the maximum value from their IP and intangible assets.
Whether you are simply curious about the IP in your business, its potential value, or how to unlock its value - for instance as security against a commercial funding package - call Inngot, now, on 0333 800 8090, to speak with one of their friendly advisors, or visit the website for more information.