Intellectual property league table results announced
The IP100, the UK’s only ranking of SME intellectual property (IP) asset strength, has placed a Scottish technology company at number one for the third year running.
M Squared, a Glasgow-based developer of photonics and quantum technology, has topped the IP100, an annual ranking of companies based on a rating of their IP asset strength, as well as their track record in exploiting IP.
The table is arrived at after an assessment of data linked to five critical IP asset classes including brand and reputation, patents, critical databases, software and trade secrets.
M Squared secured the top spot in a year when entrants’ IP scores were the highest on record, indicating an upward trend in how SMEs are becoming more aware of how their IP can positively impact their business.
The IP100 and IP League Table was founded by Metis Partners and is published in partnership with UMi, which takes the hard work out of finding and using the best information, expertise and finance to help businesses go further.
The IP100 is one of the UK’s most dynamic and fastest-growing platforms for scalable IP-rich companies seeking investment. It continues to raise awareness nationwide about the vital importance of IP in contributing to the growth of business and the UK economy.
Stephen Robertson, Director and Founder of Metis Partners, said: “The IP100 is now in its fifth year, and we are delighted not only with the progression of the IP100 itself, but also of individual entrants who have been with us since day one. The data we have gathered offers yet more compelling evidence that a strong IP portfolio and a thriving IP culture within a business is a catalyst for their success. We are proud of the growth of the IP100 and believe its reputation is now secure as the UK’s leading ranking of companies according to IP strength. It has truly become the industry standard for IP management and rating the strength of your IP assets.”
UMi Chief Executive, Nicki Clark, said: “The IP100 platform provides a great opportunity for businesses to really get to grips with their IP, not only to understand the value of IP to them, but also how to leverage it when it comes to seeking finance and investment. Through the IP100 we’ve developed an IP ecosystem where scalable IP-rich companies are able to talk and learn from each other in an environment which nurtures growth.”
M Squared, whose world-leading photonics and quantum technology powers research of major global entities including Nobel Laureates and Russell Group universities, also scored first in the Patents category, second in the Brand and Reputation category, third in Critical Databases, fourth in Trade Secrets and nineteenth in Software.
Dr Graeme Malcolm, CEO and Founder of M Squared, said: “It is a great honour to be recognised as the UK's leading light for Intellectual Property and a real reflection of our team's dedicated approach to the development of new technologies.
"This 2019 accolade represents a hat trick for M Squared, clinching first place in the overall IP100 ranking for the third year running. We are delighted to be the undisputed champions of IP in the UK once again.
"We all hope that our new technologies will help to make the world a better place and we're making great progress in environmental earth observation, quantum and bio-medicine.”
Digitonic, a Glasgow-based mobile marketing tech firm, scored top in the Brand and Reputation category after coming second last year.
Edinburgh-based Canon Medical Research Europe scored top in the Critical Databases category, the depth and range of their market and technical supporting data impressing the IP100 team.
DP Governance, a London-based B2B software firm, topped the Software category. Their range of software packages, including Parsyfal® and Pathfinder® enable organisations across a variety of sectors to identify key weaknesses in their data protection protocols and strategies.
In the Trade Secrets category, the Oxfordshire-based liquid repellent nanocoating developers P2i came top, maintaining their position from 2018. They were closely followed by the Cambridge-based Sphere Fluidics, whose introduction of a bespoke Trade Secrets policy in 2019 has significantly increased the sophistication of their overall IP strategy.
The IP100 is backed by a range of partners including Clydesdale and Yorkshire Bank, international law firm Baker Botts LLP and Catax, a leading national specialist in tax relief such as R&D tax credits. The initiative is also recognised by London Stock Exchange ELITE and the UK Intellectual Property Office.