Software Based Competitive Patent Assessment and Licensing Strategy Development
Vertex uses proprietary software, and data mining and analytical tools to carry out the analysis needed to address specific client needs.
These activities are first performed at a high-level in order to provide insights into the current patent strategy of businesses in the client's industry. Based on the results of the initial analysis, the investigation will then be focused on areas in which the most significant information might be expected to be found.
Using this approach, Vertex is able to:
- Leverage private and public patent information,
- Access and exploit proprietary software tools, and
- Cost-effectively and without bias assist our clients to address challenges such as:
- Carrying out competitive patent portfolio assessments,
- Directing R&D activities,
- Making patent maintenance and abandonment decisions,
- Developing licensing strategies, and
- Preparing for or defending infringement lawsuits
- Some of the graphics produced in this type of analysis would include:
- Patenting Velocity Charting
- Patent Landscape Mapping
- Citation Trees
- Inventor Analysis
Benefits of Performing a Competitive Assessment
Assesses the strengths and usefulness of the client's patent portfolio and its competitive patent position
- Helps with the identification of patent licensing opportunities
- Assists with patent maintenance or abandonment decisions
- Identifies strengths and weaknesses of patents in comparison to competitors
- Compares innovative pace to others in this field
- Identifies patent licensing opportunities
- Provides insights that would be of value for planning and defending infringement litigation
- Provides information for a business/technology SWOT analysis
- Helps to direct R&D activities
Benefits of a Licensing Strategy Analysis
Provides an opportunity to develop a patent licensing strategy and a new source of revenue that would otherwise not be available
Provides a number of different perspectives can assist with the identification of best-fit potential licensees, including:
- Cited-by
- Recent growth
- Greatest change
- Themescape proximity
- IPCs
- Proprietary software and access to private and publicly available databases can be used to expeditiously and cost effectively:
- Assist with intellectual asset portfolio management
- Provide the structure needed for an intellectual asset portfolio valuation
- Provide competitive intelligence and assessment information for strategic planning and litigation purposes
- Provide direction for licensing strategies
