It is a common misconception that protecting
Patent Portfolio Commercialization
Patent Portfolio Commercialization
Patent Commercialization offers a quick portfolio analysis using patent ranking which can then be leveraged to generate revenue from the commercialization of intangible assets. Portfolio commercialization is a multi-step process of categorization, ranking, and detailed analysis of top patents for the purpose of identifying potential EOUs.
A portfolio consists of a set of patent references of a company from which actionable analytics can be derived which would assist in understanding important technical, legal, and business potential of the portfolio. The analytics help an organization to monitor their novel technologies and identify licensing options and marketing strategies and develop a comprehensive IP strategy.
To conclude, patent commercialization helps in segregating portfolios into stronger and weaker patent portfolios and proves to be a beneficial tool for policy and decision-making, while making commercialization & monetization strategies.
Challenges Faced While Conducting Patent Portfolio Commercialization
Complete manual research & analysis resulting in a higher cost of review.
No integration with recent AI & ML-based analysis technologies.
As large sets of data are to be analyzed, a well-structured approach is needed.
Limited search capabilities reduce the scope of covering comprehensive datasets related to patent portfolio commercialization analysis.
Insights are not released through a unified platform, and no interaction with multiple data sources or cutting-edge analytics tools exists.
Our Services
PRODUCT CLUSTER SET vs. ASSET SET
Matching clusters of target company products against the technology clusters of the Client's patents.
Patent Ranking
Using a proprietary automated tool-PATDIGGER, extracting Gold & Silver patents with respect to targets. Gold & Silver Patents are those which have a high probability of getting infringed.
Infringement Search & EoU Generation
Detailed manual patent review of top patents and detailed manual search is conducted for each selected patent for identifying infringing product/service of the target company.
This is followed by generating evidence of use claim charts with the earliest launch date of product/service/proof of sale/proof of use.
Our Methodology
(Patent Licensing and Commercialization)
Patent licensing and commercialization offers a quick assessment of a patent portfolio using patent ranking which can then be leveraged to generate revenue from the commercialization of the intangible assets. It is a multi-step process of categorization, ranking, and in-depth analysis of top patents for identifying potential target products.
The analytics help an organization to monitor their novel technologies and identify licensing options and marketing strategies and develop a comprehensive IP strategy.
To conclude, patent commercialization helps in segregating portfolios into stronger and weaker patent portfolios and proves to be a beneficial tool for policy and decision-making, while making commercialization & monetization strategies.
Understand
Analyze
Mitigate
Our Methodology
Analysis of products of the potential target company to identify technology clusters.
Patent extraction based on technology clusters of the target company.
Categorization of patents into multiple technology clusters.
Using a proprietary automated tool, PATDIGGER, extracting Gold & Silver patents with respect to targets in each technology cluster.
This is followed by manual ranking of patents and deep manual analysis through various parameters like Technical Score, Legal Score, Commercial Score, etc. to give a cumulative score to each patent.
Detailed manual search is conducted for each selected patent for identifying infringing product/service of the target company and Preparing evidence of use claim charts with the earliest launch date of product/service/proof of sale/proof of use.
Why TT Consultants?
AI-Driven First Cut Analysis of the collated comprehensive patent dataset to a competitor company and its subsidiaries.
Patent and technology monitoring fuelled by XLScout- Patdigger and Potential Licensee Explorer.
XLScout- Patdigger provides a quick ranking of all the patents in the target firm’s portfolio.
Comparative statistical analysis of technological areas and deep-dive investigation of the patent portfolio to identify patent commercialization strategies, commercialization of patented inventions, risks associated with freedom to operate, and IP infringement.
Potential Licensee Explorer provides expert analysis on which portfolio competitors will be interested in investing and further lets you incorporate your vision into the analysis.
Customized Analytics and interactive charts based on taxonomy and geographical distribution and a team of 350+ Technological Legal Experts having expertise in the field of engineering and life sciences.
Clients Testimonials
Working with TT Consultants has been a game-changer for us. Their prior art invalidation and Patent Portfolio services have provided us with invaluable insights and strategic guidance that has helped us strengthen our clients' positions and effectively navigate complex IP disputes. The team at TT Consultants is highly experienced, responsive, and always goes above and beyond to ensure that our needs are met. We highly recommend their services to anyone looking for top-notch IP analytics and research support.
Blogs
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IN THE NEWS
FAQs
What is patent portfolio commercialization?
Patent Commercialization is an analysis of a patent portfolio of a particular firm that reveals graphs and patent rankings based on future trends and insights.
Portfolio Commercialization is a concise report on patent future trends and helps you in managing your assets for generating revenue by licensing and creating commercial patent pools.
Portfolio Commercialization reports typically focus on the portfolio of a single firm.
What are the benefits of performing patent portfolio commercialization?
- Identify potential infringers for your patent portfolio.
- Identify potential buyers for licensing portfolio.
- Identifying patent pool.
- Determining commercialization of patented inventions.
- Monitoring the portfolio and market trends helps in making acquisition and collaboration decisions.
- Enhance your company’s value among investors.
- Creates opportunities for cross-licensing.
- Diversify your IP assets to minimize risk.
- Identify potential In-licensing and Out-licensing opportunities.
What are the key steps in conducting patent portfolio commercialization?
- Ranking and categorization based on the likelihood of infringement.
- Detailed analysis of EOU.
- Drafting customized claim charts.
Who should track patents portfolio?
Companies, R & D Managers, Patent attorneys, strategy makers, and IP counselors should keep an eye on their competitor’s patent activity.
This monitoring of the patent’s activity helps in identifying the technical area being focused on by your competitor.