Intellectual property is an intangible and valuable asset of any technology driven organization or startup. IP can be in the form of patents, copyright, trademark, industrial design etc. Amongst all the IP, patent provides strongest protection for technology, products and processes developed. Therefore, whether, when and how to protect the novel invention is strategically important for technologically driven organizations. Along with planning a business strategy, patents provide information related to current and upcoming technologies, use of an invention, technology features and problem solution approach. Hence, analyzing patent information plays an important role and a detailed analysis of patent information can help play a vital role in strategic planning and informed decision-making.

What is patent analytics?

Patent analytics is a systematic process where the information retrieved from a set of patents is mapped into different categories. The qualitative/ quantitative analysis of patents helps to gather information on:

  • –Technology information/trends
  • –Market trends
  • –Competitors analysis
  • –New commercial opportunities
  • –Whether invention is patentable or not
  • Thus patent analytics is sorting and aggregating information into visuals, charts, and tables that helps to uncover insights that lead to strategic decisions backed by data. With the use of right tools and techniques, patent data analysis can display where an industry/ organization is headed to, what is the focus of the competitors and many more.

 

What can be learned from patent analytics?

 

1What are the strengths and weaknesses of the patent portfolio of the organization?

2. Where are the competitors investing?

3. Who are new entrants in a given domain or technology?

4. Where should one invest research and development resources?

5. What partnership opportunities are available?

6. What new technology should be patented?

 

TechEx.in offerings

Sr.  No.

Type of reports

Beneficiaries

How it will be useful?

1.

Prior Art  Search

R&D organizations, Companies, Startup/ individuals

•What work has been done previously?

•To decide the status of a technology in reference to advancement in the field.

• It is conducted with a specific end goal to get closely relevant prior art, patents and/or published patent applications which are equivalent to the specific technology.

 2.

Patentability Assessment Report

[Novelty search]

R&D organizations, Companies, Startup/ individuals

•Help in identifying the closest patent/non-patent literature which will further help in identifying the novelty, inventive step and industrial utility of the invention.

• To plan further research by analyzing the research that others have already done;

[should be completed during the ideation phase, as well as prior to disclosure]

3.

Patent Landscape Report

R&D organizations, Companies, Startup

•What all being patented by whom in this domain?

•What is Current technology focus and trends?

•Provide a snapshot of the patent situation of a specific technology, either within a given country or region, or globally

4.

Portfolio Management

Companies, Startups, R&D organization

•It is performed on classification and assessment of patent portfolio of the client.

•Helps the clients to identify the patents which are not relevant to business and abandon that do not have any market value for the business goal.

• It is performed to classify in a manner to help companies understand their competitor position

5.

Patent due Diligence

Companies, Venture capitalists

•Whether the technology to be invested is free to be practiced?

•Is it not infringing any active IP?

6.

Patent Watch and Alert

Companies

•Help to monitor and track the recently issued patents and published patent applications, new inventions in the field of interest on a periodic basis for like weekly, monthly, quarterly.

• Help in alerting the legal status and progress of patent prosecution of the published patent applications in the field of interest

7.

Markush Structure Assessment

Companies, Startups, R&D organization

• A depiction of a chemical structure that can be used to show related compounds. [While filing a patent, pharma companies usually prepare a very general claim for using of the molecule without disclosing to the competitors the particular molecules for which they are introducing a practical application]

•To describe a number of different chemical constructions that accomplish the same or similar function.

•To identify similar structures by performing patent literature searches

•Researching on patentability opportunities

8.

FTO (Freedom to Operate)

Companies, Startups, R&D organization

•To perform a Freedom-to-operate search not only  for the existing patents but also  for every other expired patent, as well as publicly available document.

• Claim comparison chart for both the potentially blocking in-force patent and the expired patent

9.

Citation Analysis

Companies

Report can assist in identifying certain competitors that are working in the same area and that may be about to launch a competing product. The report  can show when competitors are trying to build a fence around a key patent by filing multiple patent applications for improvements

10.

Others

 

1. Biological sequence listing:  Providing ST.26 sequence listing format [Mandate for Biological Inventions involving novel nucleotide sequences.  It describes how nucleotide and amino acid sequences are to be presented in a sequence listing using an XML format]