This type of study is very useful for companies that:
We’ll work with you to develop a custom taxonomy for your IP, as well as qualitative and quantitative review criteria, and then categorise and rank all your patents. The same approach can also be used to develop a detailed understanding of the portfolio of a competitor or an acquisition target. Taxonomies can be built on technologies of interest, business unit subdivisions or market and product categories in which you operate.
Each project is customised, and we’ll work with you to confirm your business goals and desired outcomes. We’ll assess your patent portfolio relative to your overall business objectives and provide recommendations that address your requirements, which could include aligning your patents to key products and services, identifying core patents to maintain, identifying areas to strengthen or divest, and uncovering potential monetisation and licensing opportunities.
This leads to several economic and ROI benefits:
More than 250 technologists and IP experts providing expertise across all technology sectors, supported by a separate dedicated data science team.
More than 45 years’ experience providing IP services that help corporations strengthen their patent portfolios.
Using data, analysis, and clear, persuasive visualisations to create powerful, actionable intelligence.
Create a comprehensive technical categorisation based on products and features/functions to enable further detailed analysis.
Develop quantitative and qualitative review criteria relating to commercial value, technical importance, and patent defects for evaluating each patent based on claims.
Categorise and evaluate each patent in the portfolio based on the defined taxonomy and review criteria.
Using your internal data and our extensive IP spend databases, we can assess the balance between IP investment and the relative performance of the field in your business – quickly identifying disparity and areas of opportunity or concern.
Classify all patents relative to business alignment and commercial potential, to identify those that should be maintained, important patents supporting fundamental technologies or future bets, and valuable non-core patents for possible sale or licensing.