Intellectual property rights safeguard the ideas and
Patent Portfolio Management
Unleash your patent portfolio’s true potential with our Hybrid Solution! Our AI-based proprietary platform, XLSCOUT, and expert analysts work together to uncover hidden gems, rank your portfolio’s strength, and provide acquisition and competitive IP analysis services. Gain the competitive edge you need and discover what sets us apart. Elevate your patent portfolio to new heights with us!
Our Methodology
Al Based Proprietary Platform Used in Patent Portfolio Management
Patdigger is a web-based patent search engine that provides access to patent data from multiple patent databases. This technical tool provides a quick ranking of all the patents in the target firm’s portfolio. Our searchers use PatDigger to analyze the patent landscape and identify companies or individuals who may be infringing on your patent.
Our proprietary thesaurus that contains 3 billion+ technical words. This technical corpus helps our patent searchers quickly identify synonymous and interoperable words for comprehensive searches.
We have in-house developed standard search module in which we can search the standards / standards’ drafts / large PDF documents of the standards in full text by using various advanced search operators (such as proximity, truncation etc. and accurate date filter) to find the relevant standards and relevant text more quickly as compared to others.
Custom set up for searching within captions and subtitles of your competitors’ videos with 100% accuracy. XLSCOUT Video Caption Search is a feature that search for relevant patent and non-patent literature using video captions. This feature is particularly useful for searches where video content may be more common than text-based content.
Why Choose TT Consultants for Patent Portfolio Management?
- Automated identification of best patents and potential infringing products.
- Utilization of big-data and pre-ingested data sets for accurate product identification.
- Prioritization of patents based on XLPAT scores.
- Dataset of 103 rejection references, reassignments, litigations, excel sheets, data sheets, ingested data
- Combination of manual analysis, machine learning, data automation, and web crawling/alerting to analyse data.
- Experienced team skilled in creating detailed claim charts for identified products.
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.
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FAQs
What is a patent portfolio?
A patent portfolio is a collection of patents held by a company or an individual that helps the company in effective decision-making regarding commercialization opportunities and prevents companies with identical technology domains from staying in the market.
What is the need for patent portfolio management?
If managed efficiently, a portfolio assists a company to stay ahead of the competitors and generate greater revenue by analyzing the patents as a set and not on an individual basis.
What are the different patent portfolio management strategies used by the companies? / How can we increase the strength of the patent portfolio?
The strength of the patent portfolio can be increased by pruning less valuable patents, improving R&D investments through patenting activities, drafting patents in a better way considering the claim scope.
Are the patent portfolio strategies different for small-scale and large-scale companies?
Yes, the portfolio strategies are different for small-scale and large-scale companies, where large-scale companies generally use offensive strategies and file patent applications for all the related inventions in the technology domain as early as possible and stop the competitors from doing so, whereas small-scale companies follow a path to ensure the quality of the patent, which would further be used for investments and acquisitions.
What are the key elements of a successful patent portfolio management strategy?
A successful patent portfolio management strategy involves several key elements, such as understanding the market, identifying potential infringements, evaluating the strength and value of patents, developing licensing and litigation strategies, and tracking patent portfolios over time.
What are the risks associated with not having a patent portfolio management strategy in place?
Without a patent portfolio management strategy, businesses risk losing their competitive edge, missing out on licensing and revenue opportunities, and leaving their intellectual property vulnerable to infringement.
How often should I review and update my patent portfolio management strategy?
Patent portfolio management is an ongoing process that requires regular review and updating. The frequency of review depends on the size and complexity of your portfolio, but it is generally recommended to review your portfolio at least once a year to ensure it aligns with your business objectives and industry trends.
Can patent portfolio management help me save money on patent-related expenses?
Yes, proper patent portfolio management can help you identify and eliminate unnecessary patents, reduce maintenance fees, and avoid legal disputes, which can result in significant cost savings over time.
