SciTech Patent Art has worked with technology scouts and Open Innovation professionals over many years in identifying emerging technologies, assessing life-cycle stages of technologies, identifying collaboration partners, profiling key companies, identifying high-value IP, and many more. Please click here to learn more about services we provide to open innovation professionals. Following are some of our services that Open Innovation Professionals could engage:
How do I categorize and understand a complex patent/publication portfolio?
SPA analysts conduct various types of landscape analyses based on client needs. Technical documents (patents, literature, etc.) are extracted, screened, analysed and visualized as required to answer clients’ questions. Taxonomy/ontology study is conducted to develop a deta understanding of the various categories of technology that exist in a particular technical domain and in addition, help explore technology trends, competitive strengths/weaknesses, emerging companies, etc. SPA analysts can rapidly categorize large patent and publication data sets, typically over 10,000 documents. SPA’s AI/ML tools come in handy to meet client quality, turnaround and cost requirements when handling large data-sets.
Is this a company worth acquiring?
Target due-diligence is typically initiated by SPA's clients when they are evaluating a particular company for acquisition, joint-venture or joint-development programs. This service involves the assessment of a competitor's technology portfolio – patents, publications, and products – to develop a comprehensive snap-shot of the company's technologies that have been commercialized or in-development.
SPA's clients who are involved in Open Innovation activities are frequently in search for promising technologies with a strong application potential. SPA has conducted many patent and technology landscaping studies where it has helped identify specific companies and inventors with promising technologies. Such studies also involve an evaluation of the quality of the target's patent portfolio, life-cycle stages of the various technologies, and a legal status review of the patent portfolio.
Collaboration network mapping is used by SPA clients to understand high value inventors or groups active in specific technology areas. Such information is used by SPA's R&D clients for recruiting talent, tracking specific inventors and their progress, and identifying potential collaborators in their Open Innovation programs. SPA conducts such analyses based on patent information and scientific publication data. Such information is combined with SPA's proprietary ranking algorithms to extract high-value records which are then mapped to identify high quality research groups and talent.
Technology alerts are used to keep a watch on the landscape how competitors, customers and other peripheral players are adapting their technologies to meet market needs. SciTech Patent Art has been providing technology alerts, including patent and non-patent literature alerts, for over a decade to various global clients. Our alerts include summaries that capture succinct summaries abstracts of key inventions, technical publications, product launch documents, etc. For clients with large teams where multiple members need to access the alerts, we have developed an interactive patent alert service that provides a dashboard along with mapping capability as well. Please visit our CloudIPTMsection to learn more.
Where are the big entry opportunities?
SPA’s clients use white-space analyses to identify spaces where there is room for technology development, patentability or freedom-to-operate. These analyses help clients find new opportunities, e.g., potential product features or combinations of features that no company has targeted, important applications of a known technology that are yet to be explored, new technologies that are emerging or pre-emptive IP strategies that could be pursued to constrain competition. Conducting such analyses requires an in-depth knowledge of the technology area and an understanding of key technology parameters that matter. SPA’s technical experts study the technology space in detail to understand core dimensions of technology that matter, and then develop cross-feature maps that highlight white-spaces.