Case Study: TCO reduces IP renewal costs and admin workload with PatentRenewal.com

TCO - Customer Case Study

TCO, a Nordic oilfield service company, faced challenges with its fragmented and opaque patent annuity management process. The manual system, involving multiple agents, led to hidden costs, administrative complexity, and a constant risk of missed deadlines, creating significant stress for its sole IP manager. They sought a modern partner and chose the services of PatentRenewal.com for its transparent pricing and easy-to-use platform.

By implementing PatentRenewal.com's solution, TCO centralized its renewal process, gaining full visibility and control. This resulted in direct cost savings of 20–30% on annuities, a significant reduction in administrative workload, and the elimination of stress, as the company now benefits from a single monthly invoice and a reliable, automated system.

TCO

Anja Bauman

European Patent Attorney