A strong patent portfolio is the backbone of a successful business. Portfolio management is an essential part of corporate strategy, especially for companies that hold patent portfolios. Knowing where your patents stand in terms of value is mandatory for several strategic purposes including enterprise valuation, monetization, benchmarking, mergers & acquisitions, and portfolio development.
The first step is in understanding what you have in your own patent portfolio. With small patent portfolios the analysis is easy; however, when portfolios grow to hundreds or thousands of patents the task becomes more challenging. Typically, the approach has been to rely on subject matter experts (SMEs) to analyze each patent in the portfolio. SMEs are skilled at making assessments based on the key factors affecting the value of each patent. However the assessments are entirely subjective and depend on the experts’ experience and resources. Withe large sized portfolios, the use of SMEs alone becomes cost prohibitive.
By developing an AI platform optimized for the task, we changed how portfolio analysis is done. Rather than depending on individual SMEs, our AI system leverages the collective knowledge of thousands of legal, technical and business experts combined with millions of records and real-time data. We have replaced a subjective assessment with a systematic approach to efficiently analyze a portfolio of any size, producing results that are data driven and accurate.
We help our clients work smarter and get more out of their patent portfolio. It’s about understanding how to identify high value patents, and then deciding how to make those patents work for the company’s bottom line.
A Portfolio Analysis report allows users to assess the overall value of a portfolio and hone into technology areas with the highest concentration of valuable patents, uncover hidden value patents, and flush out weak patents for abandonment. The report can form the basis for further decisions concerning the portfolio development or used to promote a company’s value. Typical use of portfolio analysis includes:
The Portfolio Analysis report includes the Portfolio Analyzer – a user-friendly visualization tool for any given portfolio of patents. Results are displayed as a “floorplan” highlighting the technologies covered by the portfolio, areas where valuable patents are located and the distribution of valuable patents.
The portfolio analyzer includes: