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Intellectual Property Porolio Management PatSnap for Intellectual Property Professionals 2016

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Page 1: PatSnap for IP experts

Intellectual Property Portfolio ManagementPatSnap for Intellectual Property Professionals

2016

Page 2: PatSnap for IP experts

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Introducing PatSnap

PatSnap is a Global Patent Search and Analysis platform that enables IP professionals to perform highly targeted global searches; plus detailed analysis to instantly identify and monitor potential threats and infringement risks; and in-depth assessments of the competitive landscape.

PatSnap provides everything IP professionals need to ensure that the value of IP, and the crucial role that it plays in an organization, can be identified and exploited to maximum potential. PatSnap not only complements the day-to-day activities of the IP department, but supports the long-term goals of any organization.

At PatSnap, we know how important it is for organizations to effectively manage their intellectual property portfolios in order to create the best value for the business and to protect the company’s innovation and future prospects.

Achieving this requires both attention to finer detail, as well as a broader understanding of any given technology’s specific competitive landscape.

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IP experts need to conduct frequent, ongoing searches with utmost accuracy, flexibility and speed. All too often finding the relevant information can be a long and labour-intensive process, especially given the huge variation in the ways in which information is presented across the world.

This is where PatSnap’s leading-edge Patent Search and Analysis solution, comprised of over 110 million patents from 128 jurisdictions, is indispensable. It enables IP experts to create highly targeted and customised searches of all worldwide data available, based on the most convenient method for a project.

FlexibilityConduct searches based on any part of a patent document, including keyword

searches in the title, main IPC or independent claims; or use any of the 30 other available fields. Also why not set a default page after you log in. This can be any of the field search, command search, history or workspace page.

AccuracyCapture all the relevant terms in your search by using the

keyword helper. Enter terms into the box and PatSnap will scan through millions of other patents to suggest similar or alternative words that you may want to incorporate into your search.

RelevanceRestrict your global search to one jurisdiction, or focus on regional jurisdictions of your choice.

PatSnap has unrivalled coverage of Asia Pacific.For further refinement, use Boolean operators to create tailored search requests. PatSnap’s search helper tool automatically generates the correct code for complex queries, including expiry date and claim count, so you can easily narrow your search, exactly as you wish.Alternatively, conduct searches based on legal information, or search through 25 authorities across the image discovery.

Create a targeted search

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One of the key challenges for IP professionals is having to consider many different perspectives when analysing patent search results. PatSnap has focused on making patent information and analysis as easy to refine, and read, as possible. It is crucial that the most important information within patents can be read and evaluated without delay.

Prioritise the most relevant information for your search

Searches return more results than are ever possible to analyze, so PatSnap has multiple features that will enable you to target exactly the information that you need.There are automatic, out-of-the-box filters (1), so that you can narrow down search criteria by factors such as patent value, authority, or CPC – all with single clicks. When you group by patent families, you are able to highlight whether there is a patent from a chosen authority within that family regardless of its relevance to the search. This is shown by a flag next to the patent title (2).And you can select exactly which columns you’d like shown in the results, depending on the focus of your current search (3), making the display of results highly flexible.

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Access global data with worldwide consistency As IP information often needs to be considered from a global perspective it is vital to have consistent data in a familiar format, regardless of where it comes from, whether that be Asia Pacific, Europe, or the Americas. For this reason, PatSnap data is organized into different types of views that treat all patents from every jurisdiction in the same way.

Added to that, one-click translation demystifies any patent, meaning that key information is always on hand and easy to find in the original document, or text version.

Global patents can be viewed in a number of ways, such as dual view, shown above. Keywords are highlighted in English, so they can be seen alongside the original document. Or, you can quickly view illustrations and diagrams -

and locate exactly where figures are being referred to in the English text.Plus, if the patent is relevant, PatSnap’s “More Like this” feature will compile a list of the top ten patents that most closely match the example you’re investigating.

Reducing infringement risk around the world is made easy with PatSnap’s extensive data coverage of Asia Pacific, including translation of Chinese, Japanese, Taiwanese and Korean bibliographic data and abstracts. There is

also full official legal status for Taiwanese patents. Patent licencing data is available for EP patents, and all individual images within WIPO patents.

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Understand the patents you are looking at Patent information can be overwhelming and difficult to group together and analyze. PatSnap allows the user to identify patent relationships easily and quickly, cutting out the need to trace relationships themselves which is a very time consuming process.

Visualization is extremely important to PatSnap which is why the platform presents information in different forms which might be easier for the user to understand. Examples of this include the corporate tree or highlighted lists.

PatSnap’s Claim Tree enables you to understand the relationships between the independent and dependant claims within a patent. During freedom to operate searches this is very important. Being able to see a visual

representation of how the claims are related means clients no longer have to trace this themselves, saving them time and enabling them to quickly understand the significance of each claim.

Capture a picture of a companies complete patent portfolio using PatSnap’s corporate tree. It offers a breakdown of the corporate structure of companies, including holding companies, conglomerates and subsidiaries.

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Keep IP protected using PatSnap Citation Map As IP is one of the most important intangible assets a company owns, protecting the value of an IP portfolio is understandably a critical concern. With PatSnap Citation Analysis, it becomes easy to follow and evaluate a full chain of associated technologies, to ensure that freedom to operate and alternative technologies can be monitored.

This instant mapping of interlinked patents and technologies allows you to track these technologies from initial concepts right the way through to latest applications. It’s invaluable for discovering licensing opportunities, understanding the competition and knowing if and when to challenge a pending patent.

PatSnap’s Citation map (1) is a powerful way of analysing the evolution of a technology, and assessing for potential infringement risk or licensing opportunities. The citation map no longer relies on a flash player so can

be used on any device or browser, and gives you the ability to add the generations of citations directly to workspaces. From there you can analyze which assignees or technology areas are citing your technology, so you can assess opportunity and risk.

To keep on top of any changes, you can set up customised email alerts (2), that will let you know as soon as a patent, or any patent in a group, has received a new citation.

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Assess risk and determine strategy with legal factsAs infringement risks increase and IP trends evolve in different ways across different sectors, being able to identify the legal environment within which certain IP exists is a key component of formulating the right strategies.

For example, knowing the outcomes of legal cases within a specific IPC class, and who has been involved in such cases, can determine the legal course of action that is most cost-effective and appropriate.

With PatSnap’s landscaping tool, it is possible to pinpoint all of the litigation cases relating to a specific technology area. Additionally, you can view exactly where there are clusters of cases within areas in an instant.

Build out your query, or choose a workspace or insights search you’ve done, and generate a landscape specific to your research strategy.

Keep on top of the information regarding specific litigation cases, including plaintiffs and defendants involved, law firms handling cases, when the case was filed and the duration of a case. Additionally, explore all litigation relating

to specific companies in various fields and monitor the outcomes of such cases.

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Renewal, abandonment & licensing: manage IP as an assetAs an asset, IP needs to be well managed. This includes finding the information to decide which patents in a portfolio should be licensed, donated, or abandoned altogether, in order to either drive revenue or reduce the maintenance cost of the portfolio. Additionally, it is essential for IP experts to keep up-to-date on information about renewal rates in different technology areas.

It can be used to determine factors such as the viability of a new area for a company, or identifying which technologies are becoming free to use as patents are abandoned.

Monitor the trends within groups of patents, technology areas, or by company, to find out which patents are being renewed and abandoned and the frequency with which this is occurring. Use landscaping (right) to locate the areas where there is the most licensing activity and assess appropriate licensing costs for different technologies (see below).

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Know the landscape and the competitionAt a strategic level, organizations have to protect themselves against threats to their IP portfolio that emerge as a result of competitor activity in various technology sectors. Having a thorough understanding of the competitive landscape, and IP trends among competitors, means that organizations can avoid surprises that damage their future plans.

Using the best forward-looking indicators, they can anticipate external threats and conduct targeted due diligence to ensure that the company is resilient in the face of these threats, or is able to identify partnership (or supplier) opportunities that complement its IP portfolio at the earliest possible stage.

Out-of-the-box charts and graphs (above) ensure that you have all the vital data, visualised and ready to use. Find out the rate of innovation in technology areas, key emerging technologies, prolific companies and inventors - and even the

value of patents; as well as a heat map (right) of where patenting activity is taking place.

Use competitor dashboards to assess IP portfolios head-to-head. Locate where various competitors are active, in what technology fields, and whether they are speeding up or slowing down innovation in different sectors. Form a

view of their strategy and how they fit into the competitive landscape.

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Complementing your day-to-dayAt PatSnap, we believe that the right tool should slot effortlessly into your everyday work and support the functions of your business, including the long-term goals; as well as facilitating daily projects. Whatever your role, whether patent analyst or attorney, VP of IP or Chief IP Counsel, our easy and intuitive tools mean that the right information can be delivered to you, in exactly the format that you require.

And, as no expert knowledge is required, the value of IP data can even be unlocked for other teams right across the organization – plus you can collaborate on projects in real time with other colleagues.

Create and save your own lists that correspond to your

current projects. This means you do not have to repeat searches, or cover old ground, to get to the results you need.

Export the data in multiple different formats in order to share more widely across the business. This includes Excel, PDF, RTF, XML and CSV formats. You

can even create PowerPoint presentations directly from the dashboards, for use in company presentations and reports.

Keep up to date with minimum effort, by using your lists to create your own customized email alerts. That way, you can keep on top of any changes in the landscape, without having

to worry. You can decide whether you want to be alerted about new patents, or specific changes within existing groups of patents.

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PatSnap Workspaces Collaborating with teams across your organization has to be quick, seamless and efficient. With PatSnap workspaces, that is now even easier. You are able to upload lists of up to 20,000 patents, which can be marked with comments and custom fields, shared, and edited by anyone in your organization with a PatSnap account. If you are the owner of a patent list, you can choose to give, read, or write preferences.

Your workspace is an area for you to save and customize your patent analysis. The table format of the workspaces enables further customization, and gives you a statistical breakdown of each workspace so that you can quickly assess the activity and content.

In the workspace area, you can select whether you would like to display the workspaces in either table or grid format.In the custom analysis on the workspace analysis dashboard, you can plot your custom fields on the X and Y axis which enables powerful insights specific to your business goals.

Communication and collaboration is key to driving a streamlined innovation process, and that is why workspaces are so powerful. It is therefore important

to make sure your team are aware that you are trying to collaborate, and now they will be alerted when you share a workspace with them. When you share a workspace with a colleague, they will automatically receive an email informing them that they now have access to the workspace

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Summary

Expedite FTO and prior art search

Access global data to enable effective management of IP as a company asset

Determine risks and opportunities and accelerate innovation

Find the best IP strategy based on company goals and competitor activity

For more information, or to organize a demonstration, please contact your IP Consultant today.

PatSnap provides everything that IP professionals need to evaluate the value of IP and ensure that it is exploited to its maximum potential across the business.

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About PatSnap

PatSnap is the leading provider of Intellectual Property Analytics, for analysing tech trends, driving innovation, market planning, competitor intelligence and maximising return on IP assets. Founded in 2007, PatSnap is used by R&D, business and IP professionals in thousands of commercial and not-for-profit organisations globally, including NASA, the Department of Defense, China Mobile, Goodyear and Vodafone. With a database of over 118 million patents, augmented by economic, legal and company data, we use proprietary machine learning technology to make IP work for all, including those with no IP experience. We have offices in London, Singapore and China.

Find out more: patsnap.com

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