The client, a multinational automotive technology company specializing in autonomous driving systems and electric vehicle components, held a portfolio of over 600 patents.
Their patents were distributed across key technology areas such as autonomous driving, electric vehicle (EV) battery management, and vehicle-to-infrastructure (V2I) communication. However, the client was facing challenges in identifying high-value patents for monetization and reducing the maintenance costs of non-strategic patents.
The client faced several significant challenges:
TT Consultants provided a targeted and data-driven approach to help the client maximize the value of their IP assets.
We conducted an in-depth patent landscape analysis, reviewing over 600 patents across the autonomous driving and EV sectors.
We mapped the patents against global technological trends, focusing on key markets in North America, Europe, and Asia. Through this analysis, we identified 100 high-value patents that were most aligned with growing sectors such as battery management systems, AI-powered navigation, and wireless V2I communication.
We performed a competitive benchmarking study to identify companies with significant gaps in their own patent portfolios. This involved analyzing the patent filings of over 50 competitors in the automotive and technology space.
As a result, we identified 15 companies that were prime candidates for licensing opportunities in key areas such as EV charging infrastructure and autonomous driving systems.
We evaluated each patent based on its market relevance, technological significance, and potential for future licensing or sale. Using proprietary valuation techniques, we identified $8 million worth of licensing potential across the top 50 patents.
We also identified 150 non-core patents that could be pruned to reduce annual maintenance costs by 20%, representing savings of approximately $500,000 annually.
$8 Million in Licensing Potential Unlocked
The client engaged in discussions with 5 major automotive manufacturers and 3 technology firms, resulting in licensing deals valued at $3 million within six months. Further negotiations are underway to unlock the remaining $5 million in potential.
By strategically pruning 150 non-core patents, the client reduced their patent maintenance costs by $500,000 annually, freeing up resources to invest in new R&D projects aligned with their core business.
The client initiated 2 joint development agreements with leading EV battery manufacturers, leveraging their proprietary battery management technology to co-develop next-generation energy storage solutions for electric vehicles.
TT Consultants provided the client with a data-driven monetization strategy that resulted in substantial licensing revenues, cost savings, and new partnerships. The clear alignment of their patent portfolio with market trends in EV and autonomous technology ensured the company’s long-term growth and competitiveness in a rapidly evolving industry.
At TT Consultants, we're a premier provider of custom intellectual property (IP), technology intelligence, business research, and innovation support. Our approach blends AI and Large Language Model (LLM) tools with human expertise, delivering unmatched solutions.
Our team includes skilled IP experts, tech consultants, former USPTO examiners, European patent attorneys, and more. We cater to Fortune 500 companies, innovators, law firms, universities, and financial institutions.
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