The new software, IdeaScout, will be incorporated into The IP Platform, a technology solution for innovation and IP management.
IdeaScout allows companies to record and share ideas in a single software environment and will allow for closer partnerships between a company’s inventors and IP department.
The software features a global network of 18 million inventor portfolios.
Simon Webster, CEO of CPA Global, said: “IdeaScout forms an important part of the idea lifecycle and enables CPA Global to offer complete support across the innovation and IP process.”
“CPA Global technology enables customers to increase efficiency in global collaboration and generate unique business insight from Innography’s IP data. Innovation is a business’ most valuable asset and IdeaScout will empower businesses to effectively monetise and protect new ideas.”