Sagacious Research (Sagacious IP) is a global IP research and consulting firm helping companies and institutions to monetise IP, defend IP litiga\u00adtions and provide intelligence so they can lead through innovation in their industry and achieve most out of their IP budgets.<\/p>\n\n\n\n
While setting up the company, the initial chal\u00adlenge was hiring skilled candidates who possessed sound technical knowledge and took complete ownership of the customers. After adding many global customers to its kitty and moving their heads towards India to make it an IP Savvy nation, the biggest challenge is making Indian SME\u2019s IP aware as they believe IP rights are only intended for hi-tech companies whereas in reality conventional industries benefit more from it.<\/p>\n\n\n\n
Tarun Kumar Bansal, President, Sagacious IP, stated, \u201cCreating such a company out of India is rather a unique achievement as India is not really considered an IP Savvy country by developed economies. We cur\u00adrently have customers from over 65 countries and have offices in six countries providing services in over 16 languages.\u201d He added, \u201cWe have supported companies like Amazon, HPE, Biogen, Daimler amongst others in making\/ elevating their IP strategies.\u201d<\/p>\n\n\n\n
UNIMPACTED DURING PANDEMIC<\/strong><\/p>\n\n\n\n Speaking about the past year and impact of the pandemic on business, Bansal mentioned, \u201cFortunately for us our revenues were not impacted due to Covid-19, infact, we received growth considering innovation in the medical field was on a high. As a company, we support different tech\u00adnology areas with a team of over 300 people. This year we are expecting to grow our revenue by atleast 25- 30 per cent. In our domain, we have been innovating really well and have come up with newer business mod\u00adels that were later copied by other competitors as well.\u201d<\/p>\n\n\n\n Sagacious Research puts in a lot of effort for learning and develop\u00adment of its people and hence believes that people are the most important asset for the company\u2019s overall success. Bansal stated, \u201cOur people prac\u00adtices puts us ahead of the competition and enable us to innovate new business models that are not explored by other organisa\u00adtions.\u201d <\/p>\n\n\n\n