IP SERVICES

Patent Portfolio Management

Elevate your Patent Portfolio to New Heights with us! 

Unleash your patent portfolio’s true potential with our Hybrid Solution! Our AI & LMMbased proprietary platform, XLSCOUT, and expert analysts work together to uncover hidden gems, rank your portfolio’s strength, improve your patent portfolio quality, and provide acquisition and competitive IP analysis services. Gain the competitive edge you need and discover what sets us apart.  

Position Your Patent Portfolio for Maximum Efficiency and Value

Our Methodology

Patent Portfolio Management

Our Methodology

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.
  • Portfolio pruning and ranking using our XLPAT scoring system.
  • Dataset of 103 rejection references, reassignments, litigations, excel sheets, data sheets, ingested data
  • Patent management that combines manual scrutiny, machine learning, data automation, and web crawling/alerting for data analysis.
  • Experienced team skilled in creating detailed claim charts for identified products.

Clients Testimonials

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Quality Projects Executed
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Years of Experience
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COUNTRIES

Looking To:

Manage and optimize  your Patent Portfolio 

Identify hidden gems in your portfolio 

Evaluate the strength of your patent portfolio   

Monitor competitors’ patent activities 

– Make informed decisions about your patent strategy 

Manage and optimize  your Patent Portfolio 

Identify hidden gems in your portfolio 

Evaluate the strength of your patent portfolio   

Monitor competitors’ patent activities 

Make informed decisions about your patent strategy 

Benefit from TT Consultant’s Patent Portfolio Management Service

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Deep dive into your patent assets to find value of your patent portfolio.

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IP portfolio optimization aligned with your objectives.

Group 379@2x

Identification of key patents for licensing or acquisition opportunities

Group 377@2x

Make data-driven decisions for patent portfolio optimization.

Ready to take control of your patent portfolio

To learn more:

Case Studies

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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?

A well-managed portfolio improves the patent portfolio quality and positions a company advantageously against rivals, enabling it to maximize revenue by analyzing the patent collection as a cohesive unit rather than isolated entities. 

How can we increase the strength of the patent portfolio?

Enhancing patent portfolio strength involves pruning the portfolio for less pivotal patents, amplifying R&D investments via patenting activities, and refining patent drafting with a focus on claim scope.

How does portfolio pruning contribute to patent portfolio optimization?

Portfolio pruning eliminates non-essential patents, allowing companies to focus resources on patents that add the most value, thereby optimizing the patent portfolio.

Is there a difference in strategies for managing IP portfolio for small vs. large companies?

Yes, larger corporations often employ aggressive strategies for expansive patent portfolio development, while smaller companies focus on quality and patents that offer the best ROI.

What are the key elements of a successful patent portfolio management strategy?

A successful patent portfolio management strategy involves patent portfolio monitoring, market comprehension, detection of potential infringements, patent strength and value evaluation, formulation of licensing and litigation game plans, and ongoing portfolio tracking.

What is PatDigger? How does PatDigger assist in managing patent portfolios?

PatDigger is an advanced web-based patent search engine that offers meticulous patent data analysis sourced from various databases. It is designed to assist in comprehensive patent portfolio management.

PatDigger facilitates patent portfolio management by providing a swift ranking feature for evaluating patent landscapes. This helps identify key patents, potential infringements, and associated entities or individuals related to your patents.

What are the risks associated with not having a patent portfolio management strategy in place?

Without an IP portfolio management strategy, businesses risk losing their competitive edge, missing out on licensing and revenue opportunities, failing to find the value of their patent portfolio, 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 monitoring and updating. The frequency of review depends on the size and complexity of your patent 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. 

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. 

Related Services

Patent Portfolio Commercialization

Patent Monitoring

Patent Drafting & Illustrations

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