|By PR Newswire||
|August 6, 2014 04:48 AM EDT||
LONDON, August 6, 2014 /PRNewswire/ --
CIPHER beta trial programme has attracted over 50 major corporates, banks, accountants, law firms, insurers and consultants
AISTEMOS, a London based IP data analytics company, has attracted 50 leading organisations to a pilot group for its IP analytics product, CIPHER, in a matter of months. The product's first public demonstration at the IP Business Congress 2014 event in Amsterdam attracted close to 20 new members.
The group now includes major corporates, banks, accountants, law firms, insurers and consultants, including ARM, BAE Systems, CFC Underwriting, Deutsche Bank, Ernst & Young, Marks & Clerk, PWC, and Slaughter and May. See below for a full list.
Commenting on strong interest in the product, Nigel Swycher, CEO at AISTEMOS, said: "Interest in CIPHER has exceeded our expectations, and reflects a growing desire to unlock the real commercial value of IP. It leaves us in the enviable position of working with some of the world's leading organisations as we develop the first IP business intelligence product to aggregate, analyse and visualise data relating to patents and related events for the benefit of the wider business community."
CIPHER was released in beta in June, and already provides instantaneous access to analytics relating to over 30 million patent families across more than 1.5 million owners. Swycher said: "In essence, CIPHER is a big data solution for an asset class that accounts for up to 70% of enterprise value, but has to this point been obscured by unnecessary complexity."
Pilot group member, Rob Sumroy, partner with Slaughter and May, commented: "The chance to get involved in the pilot group, and help guide the development of CIPHER based on real world experience has been invaluable. The product already offers a simple, yet powerful solution to a complex problem, and I am very much looking forward to seeing the full commercial release in due course."
The CIPHER Pilot Group:
Allied Security Trust, ARM, Ashurst, BAE Systems, BMS Finance, Carpmaels & Ransford, CFC Underwriting, CIP (Chalmers and Gothenburg University), COBRA Special Risks, CorsicAsia, CSR, Deutsche Bank , DFJ Esprit, DHL Deutsche Post, Edwards Wildman Palmer , Endeavour Partners, Ernst & Young , Freshfields Bruckhaus Deringer, FTI Consulting, GCA Savvian, GP Bullhound, Greenberg Traurig Maher, Harrison Goddard Foote , IP Group, Kempner & Partners, KPMG, Latham and Watkins, Longitude Licensing, Marks & Clerk , Mathys & Squire, Mayer Brown International, Monitise, Novagraaf, Origin, PA Consulting, Perception Partners, PWC , Reddie and Grose, Rouse, Shazam, Slaughter and May, Tessera, The Farrington Group, Titan Medical, Tynax, Valuation Consulting Co, Watermark, WP Thompson and Yet2.com
Notes for editors
AISTEMOS changes the way intellectual property is understood and exploited, so that organisations can make better decisions, create new opportunities and manage risk. CIPHER is the first IP business intelligence product to aggregate, analyse and visualise data relating to patents and related events for the benefit of the wider business community. AISTEMOS was founded in 2013 and is based in London, UK.
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