In today’s global economy the value of a multinational’s Intellectual Property (IP) assets is becoming more and more important, and trades in these assets become a substantial part of its business. 

Patents are essential to drive innovation and maintain a competitive edge in many industries. However, the creation and maintenance of an (extensive) portfolio comes at a high price. It is therefor essential to optimize the portfolio and keep the right balance between investment and returns.Depending on the industry, patents and the patent portfolio are looked upon from different value perspectives:

• In R&D: Patent creation is essential in industries where new product development is costly. Ensuring a long enough protected market is therefor essential.
• Licensing in: Investing in IP by licensing the right patents in order to strengthen the portfolio; can be used aggressively or defensively.
• Licensing out: selling licenses to recover investments in R&D while keeping control over the parties to whom licenses are granted.
• In M&A (mergers & acquisitions): the value of divestments or investments depends partly on its IP value and the fit in the existing portfolio strategy.

Many companies use a combination of all these strategies to find their maximum IP value.

It is increasingly more difficult to keep track of all new IP and relevant non-patent literature (NPL). Classification, portfolio management, reporting and visualization are key components that are needed in order support the searcher in all phases of his/her work. In order to play the IP game effectively, one needs to have the right analytical tools. The classification and analysis of large collections of patents is complex process that until recently could only be done manually by an expert group of well trained professionals.

Treparel’s state-of-the-art KMX technology however made it possible to automate this process with an excellent classification quality: a precision and recall both over 80% and often even higher. Allowing portfolio analysis and portfolio management, even on a large scale, to be performed fast, accurate, robust and cost efficient. The KMX Patent Analytics suite allows multinationals to further strengthen their innovative power and to improve the ROI on their patent portfolio.

For more information on the KMX Patent Analytics suite please contact us at info@treparel.com or click on the link below to download a pdf version of the KMX Patent Analytics suite brochure.

KMX™ Patent Analytics brochure