Portfolio Checkup

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.

Our AI System Versus SMEs

The first step is in understanding what you have in your own patent portfolio. 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 error prone even for experienced patent specialists. Mistakes can cause thousands of dollars in wasted effort and legal costs, even a single overlooked claim element can severely limit the value of a patent. Withe large sized portfolios, the use of SMEs alone becomes cost prohibitive.

Our Approach

The alternative for portfolios relies on using automation. Commercial patent analysis tools automate certain tasks, however none are geared specifically for value analysis. Furthermore, the tools are generally expensive, require training and a skilled user. The problem is that these tools typically rely on patent office data and there is simply no information that can be directly applied towards determining value. Patents are granted irrespective if allowed claims can be shown to have value or not. Some attempts have been made to extract inferences, for example using claim word count as an indicator, however experience and feedback from clients  has shown that these methods are generally inaccurate.

Benefits of Checkup

We help our clients 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. The analysis allows clients to make informed choices about how to best leverage their portfolio. The results can be used for bench-marking portfolios, identifying patents suitable for licensing, portfolio development and reducing maintenance costs by identifying low value patents.

Portfolio Checkup

Portfolio Checkup 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:

  • Identifying valuable portfolios
  • Valuation
  • Licensing
  • Bench-marking
  • Strengthening patent portfolios
  • Flush out weak patents for abandonment.

Portfolio Analyzer 

Portfolio Checkup 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:

  1. Portfolio Metrics: Overall portfolio metrics are illustrated on the left side of the analyzer, i.e. the number and percentage of A-rated, B-rated, C-rated and D-rated patents (see Patent Checkup).
  2. Portfolio Layout: The rectangular layout illustrates the composition of the portfolio and includes all the patents in the portfolio. Each block in the layout represents a different technology group. The IPC technology group for the block is shown in the top left corner. The colour is determined by the highest rating for the patents located within the block/technology group. The block size is proportional to the number of patents within the block — the larger the block size, the higher the number of patents.
  3. Floorplan url: The Floorplan url provides a dynamic link to an interactive view for a given portfolio. Moving the cursor to any of the blocks provides a technical description of the selected block, the number of patents and associated ratings within the block.  

View a sample Checkup Report

If you have any questions or require more information about Portfolio Checkup, please contact us. We’d love to hear from you.

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Utilizing AI

Patent checkup is inexpensive and provides accurate results quickly

We invented a way to analyze patents by developing an AI system designed specifically for patents using machine language processing combined with a knowledge database stemming from thousands of lawyers and patent experts. Clients work smarter, faster and achieve results that are data driven and accurate. Whether your goal requires patent assessment or determining the likelihood that a portfolio can be successfully licensed or sold — we provide unrivaled insights that are inexpensive and easy to use.

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There is no other system like it