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Sumitomo Chemical innovates with Anaqua’s AQX IP management platform

Anaqua, the leading provider of innovation and IP management solutions, today announced that Japanese multinational company Sumitomo Chemical will enhance its IP management system by moving to Anaqua’s AQX platform.

Sumitomo Chemical, a manufacturer in petrochemicals, organic chemicals, IT-related chemicals, agrochemicals, and pharmaceuticals, opted for Anaqua when replacing its previous IP management system. The company will leverage Anaqua’s latest version of AQX software to streamline the entire IP management lifecycle from innovation creation and disclosure to patent annuity payment services. The platform’s fully integrated software and services will support Sumitomo Chemical in unifying patent and trademark management processes globally, and its real-time IP data analytics and forecasting capability will help the company enhance its IP strategy.

“We are thrilled to welcome another world-leading Japanese company to Anaqua’s client community and to provide integrated software and services that will enable them to manage their IP operations and strategy in a holistic fashion,” Bob Romeo, CEO of Anaqua said. “Sumitomo Chemical has established itself as one of the most innovative companies in its field, and AQX will help IP portfolio managers at Sumitomo Chemical ensure they maximize the value of the organization’s IP assets.”