As companies strive for growth and new sources of value creation, many are turning to their IP portfolios as an asset base for exploitation. Managed intelligently as part of the corporate strategy, IP can become a key driving force behind revenue-generating transactions, provide lucrative licensing opportunities and be securitized against investment. However, if companies are to realize value from their IP, they must first ensure that their housekeeping is in order. Underestimating the importance of IP data management can be a risky business, particularly when it comes to licensing or merger and acquisition (M&A) activity.