Most R&D and marketing teams lack complete knowledge of the scope of their own company’s patent / innovation portfolio. This leads to inefficiencies and lost opportunities in following ways:
- R&D expertise resides within the company but others who need it are unaware
- Company already has solved a problem but others are trying to re-invent a solution
- Marketing teams are unaware of the scope or status of patents covering their key products
- Multiple iterations of communications between R&D/Marketing/IP puts a strain on already stretched resources
Our solution is a product that is a simple self-serve portal for R&D and Marketing Teams, mentored by IP team. The features of the product includes:
- Cloud-based solution for global access
- AI/ML-based context search engine to allow extraction using natural language
- Clear link between patents and products. A mapping of which patents cover what products/product families
- Simplified one-page summaries of patents for non-IP professionals to understand patents
- Periodic updates to keep the database alive and relevant
- …and much more
Examples of our products include: