Patent Analytics

We help you build a smarter IP strategy through some powerful analytics and interesting insights.Patents are an important source of competitive intelligence and provide valuable insights about market growth and opportunities. To stay ahead in the technology race, you need to efficiently track competitors and their IP activity. Combining our vast experiences in strategy planning and technology consulting, we take analysis of technology and competitor IP trends to a whole new level. Our aim is to convert huge-scattered technology data into strong-understandable visuals that will help you take effective business and R&D decisions and ensure a strong and a profitable patent portfolio.

Technology Landscape

Visuals that speak the highly scattered technology data Every organization is under a constant pressure to develop new competitive products that can match up with the technology advancements. However, prior to investing in the R&D, it is important to assess the strength of the technology and understand the available market. Technology landscapes are an excellent solution when you are looking to enter a new technology space or expand a current business-line.
  •  Trends in patent filing
  •  Tatistics of top players
  •  Technology innovation trends
  •  Opportunity analysis
  •  SWOT analysis
  •  Key technology patents
  •  Citation maps

    • FAQs

    Prior to investing in the R&D, it is important to assess the strength of the technology and understand the available market. Technology landscapes are an exceptional solution when you are looking to enter a new technology space or expand a current business-line.

    The outcome of a Patent Landscape Search includes a graphical representation of how various patents relate to each other, based on various search fields, such as keywords, citations, applicants, patent classifications, and so on. Our team of technology and analytics experts work with you to gather all technical information (search and analysis of patents in a technology domain) and derive intelligence required to answer your business queries. For clear understanding, we effectively segment the patent data into multiple categories and represent it in the form or graphs, where visuals speak the information stored inside the huge data. Our analysis and insights into the technology stimulate new ideas and increase your team’s efficiency.

    Yes, the landscape analysis we provide helps our clients visualize trends in patent filing, statistics of top players, existing technology and market trends for those technologies that may inform their present strategy, and help them understand the future course in the market.

    Our Citation maps benefit our clients to visualize the most densely patented and most sparsely patented technology area. The broad analysis we provide also assists the clients in monitoring and exploring markets of interest.

    SWOT analysis of a patent portfolio involves thorough study of the patents and categorization of them into four categories – Strength, Weakness, Opportunities, and Threats providing major perceptions about these categories. Technical, patent legal and market aspects can be considered in this SWOT. We provide SWOT analysis from a busiess as well as technology perspective, which proves to be very effective for our clients ensuring that the framing of their business objectives is such that they are pragmatic and attainable. The analysis we provide also ensures that risks are minimized, and efficiency maximized.

    Whitespace Analysis​

    Exploiting gaps in a technology landscape
    Whitespaces are gaps in a technology space with little or no-patenting activity that can be exploited identify the right and high growth opportunities, untapped by competitors. Using the ‘white space’, where there’s scope for innovation, to broaden the scope of your patents can greatly enhance your existing patent portfolio.

    We make this complex process of addressing the unknown much simplex through our 3D matrix analysis, where we dig deep into the existing patents and using different strategies we find areas for further R&D, new product development, category innovation and available markets.

    FAQs

    White Space analysis or Gap analysis is a methodology that identifies the absence of patents in a particular product or technology area as a primary driver of innovation decision-making.

    For companies in the early stages of product development, or a new technology program in a larger company, White Space analysis can be useful to identify “clear” or “white” space for R&D, as well as help chart patenting strategies. Many Technology and IP managers today look at white-space analysis patent as one of the key methods for strategic product innovation.
    White space search can assist companies to determine technology growth and gap areas within a particular industry, where further research and development can be done to gain competitive edge, as well as to carry out incremental innovation for new product development.
    The analysis we provide, at PatentsKart, helps our clients to refine their research methodology for exploring new areas for innovation and individuality, Further this analysis enhances patent portfolio, broadens scope of already existing innovations by locating gaps around your patent positions which should perhaps be included in the claim coverage.

    Competitor Landscape

    Competitor profiling to understand your competition

    Knowing the IP strategy of your competitors means you are aware of the market opportunities and threats to your market share. Competitive intelligence or an understanding of your competition can greatly help in strategizing your patent development programs.

    Competitor landscapes typically include business insights about your competitors, including those players that you may not know exist. The study comprises a primary research to gather statistics about the key players in the technology. We then extract patents in each competitor’s portfolio, followed by screening and classification to analyze their IP activity. We prepare unique ‘competitor portfolio score card’ that includes competitor profiling or portfolio breakdown in the technology of interest.

    FAQs

    While a company in the early stages of R&D should be aware of its closest competitors, a strategic competitive landscape may become more useful as a company gets closer to product launch. Often these landscapes go beyond the patent literature, and include analyses of competitors’ marketed products, recent publications, and other competitive intelligence.

    We, at PatentsKart, provide extensive competitive landscapes which help our clients visualize Taxonomy, Investment trends, R&D and marketing locations of their rivals by generating statistical graphs. In some cases, these landscapes may be used offensively to identify patents that may cover competitor’s products.

    Portfolio Management

    Patent ranking model to optimize your portfolio
    An organized portfolio is essential for monetization. Large un-organized portfolios are generally under-valued, difficult to manage and would definitely have patents with little commercial value.

    The process of portfolio management involves identifying strength & weakness of a portfolio, by categorizing patents as per the core technologies. This helps you identify the valuable set and uncovers several opportunities for monetization of non-core (or underperforming) patents. We use a scoring system that takes into account several pre-defined parameters such as legal status, forward citations, number of independent claims, technology advancement (claim scope), product coverage etc. The scoring model ranks patents as strong/weak or core/non-core, which helps to create an optimized portfolio that can be exploited for licensing and litigation purposes.

    Features:
    •  Portfolio categorization
    •  Patent Ranking
    •  Portfolio Segmentation
    •  Portfolio Visualization

    FAQs

    Patent portfolio management is a process where a company can coordinate its patent strategy with its product strategy. The value of a patent portfolio should be measured to see the true value of a company’s patents. Timing is the key to patent portfolio management.
    The monetary benefits of a patent portfolio include a market monopoly position for the portfolio holder and revenue from licensing the intellectual property. Non-monetary benefits include strategic advantages like first-mover advantages and defense against rival portfolio holders.
    Portfolio mining is a process followed to identify valuable patents that can be used to generate revenue for any firm. Categorizing the portfolio such that each firm will be able to quickly and authoritatively evaluate the merits and value of each asset will then allow the best use of the firm.
    Patent visualization is an application of information visualization. The number of patents has been increasing steadily, thus forcing companies to consider intellectual property as a part of their strategy. Patent visualization, like patent mapping, is used to quickly view a patent portfolio.

    Patent Watch

    Monitoring new patent filings

    To stay ahead in the technology race, you need to effectively track competitors and their IP activity. However, a large number of patents are filed worldwide every year making it relatively difficult to keep a track of all new patent applications in a specific industry. Our teams can help you overcome this administrative task by watching your competitors and latest filings in a technology sector. We provide regular updates (monthly, quarterly or yearly) after a manual screening to include only those documents that are relevant to your technology of interest.

    Features:

    • Technology watch
    • Competitor watch
    • Legal status watch
    • Tracking drug patent expiration’s
    • Prosecution history updates

    FAQs

    Yes this can be done by Patent Watch analysis offered by PatentsKart.

    A patent watch analysis provides exclusive monitoring of newly-issued patents as well as published patent applications that have been filed but not yet granted. By having access to this information, you are provided with enough time to appropriately counteract any patents that may harm your business if the rights are issued.

     

    A patent watch dives deep into the IP activity of your competitors. No matter the industry your company operates in, keeping a comprehensive watch on yours and your competitors’ IP activity is good business practice, one that effectively minimizes risk and allows you to optimize your resources.

     

    A large number of patents are filed worldwide every year making it relatively difficult to keep a track of all new patent applications in a specific industry. We, at PatentsKart, have automated tools that track patent activities across required domains, which solves this problem. Our analysis keeps you ahead of the curve by helping you identify potentially infringing patents – licensing and acquisition opportunities. We provide regular automated updates (monthly, quarterly or yearly) to include only those documents that are relevant to your technology of interest.

    IP Due Diligence

    Mitigate risks to generate maximum value 

    IP due diligence is a systematic review of the target company’s portfolio to assess the quantity and the quality of IP assets. It is generally done to evaluate licensing opportunities – buying, selling or M&As, and to make critical IP investment decisions.

    Due diligence seeks to examine the strength and scope of patents in the portfolio, to determine the associated benefits and risks. Defined by your requirements, each project is customized to meet your business goals. Typically, the process involves screening hundreds of patents in the company’s portfolio using a defined scoring system, along with infringement analysis, validity checks, SWOT, competitor mapping etc.

    FAQs

    For a patent portfolio to be a truly successful, effective, and winning portfolio, a company must also strategically manage it to return profits and direct market trends. Therefore, companies regularly conduct IP audits to understand the full value of these imponderable assets and make the most of their potential benefits. IP due diligence is basically a review of the target company’s portfolio to assess the quantity and the quality of IP assets in order to evaluate licensing opportunities (buy or sell patents). It also includes an assessment of how intellectual property is captured and protected by the relevant company of business.
    This IP due intelligence audit is done when an investor wants to invest in any startup company, when a company wants to make to make critical IP investment decisions, during a company’s merger or acquisition.
    The major reasons behind getting an IP due diligence done are:
    • IP due diligence can help a company understand better what’s in its patent portfolio with the aim of enhancing the marketability of its products or services
    • IP due diligence helps to maximise the value of these intangible assets which can boost the company’s balance sheet
    • It helps in Portfolio visualization & comparison, identify monetization (licensing) opportunities, Patent acquisitions to build on strength
    • IP due diligence helps to reveal risks and allows the acquirer to tackle the issues pre-close