The Forecasting Tool, developed by the Cooperation Fund, has been implemented in the Italian and Croatian intellectual property offices, bringing the total number of implementing offices in the ETMDN up to 15.
The tool provides a best practice forecasting model in an easy-to use web application. Any data that is a driver for trade mark or design filings will be stored and analysed on their correlations. This will allow the user to perform analysis on the data directly or refresh reports previously defined.
The tool aims to provide a planning, budgeting and forecasting environment that supports business modelling, enabling each office to develop timely, reliable forecasts, budgets and resource planning.
Source: European Trademark and Design Network
