With the accelerated adoption of Digital Platform, every company – be it sole proprietors all the way to MNCs have digital assets that set each and every one of the companies apart. However, MNCs and big companies that do have deep pockets can afford IP valuation from the get-go but not SMEs. With operations costs that are already high, affording IP Valuation can feel like
Valuing IP ASEAN IP Valuation
Valuing IP focuses on bringing IP Valuation to SMEs and more as a way to improve economic growth to establish a stronger foundation that would help them grow. They aim to simplify the process of IP valuation with the help of their software. Now, IP Valuation in general is a tedious, slow and expensive process to manoeuvre through. Given that majority of the SMEs don’t have the manpower to execute it, this service allows them to offer IP valuation with three key pillars: affordable, faster and accessible. That said, Tee Lin Yi, the CEO and Founder said the following:
“Despite the fact that these businesses have already put in tremendous efforts to conceptualise and protect their IP, most of the time they are unable to commercially exploit it due to challenges in getting financing. The software is a significant advancement in how IP assets can be valued and transacted. With it, businesses and companies can now finally understand and realise the full potential of their IP portfolios, decide on how to pursue commercial or strategic opportunities based on that potential and together with the IP community, facilitate the growth and refinement of the IP ecosystem.”
Here’s a little summary of what their software can address:
- It’s automated software, where IP valuation reports can be generated within three to seven days.
- The report is internationally compliant with International Valuation Standards Council (IVSC), International Financial; Reporting Standards (IFRS) and International Accounting Standards Board (IASB).
- The software is available as a one-off or long-term subscription, starting from as low as RM 6,000.
That said, if you want to know more about what they offer, you can head over by clicking here.