A lot has changed since the emergence of the IP-based methodology and it is currently going through a major update. The adoption of an IP-based model has enabled designs to keep filling the available chip area while allowing design time to shrink. But there is a divide between IP providers and IP user. This article from semiengineering describes the tools and standards that can be used to bridge the IP divide.
Find out how T&VS has helped IP vendors and IP users to document verification intent and enabled reuse from block to chip to the system, and from simulation to silicon.