PatSnap platform upgrade: licensee locator, non-patent literature, patent family tree & new homepage


Mountain Goats

We come bearing gifts—in the form of time-saving, money-making features—for IP, R&D and innovation-focussed professionals.

PatSnap has not only beefed up its non-IP data set, we’ve also upgraded our machine learning algorithms. This means you don’t have to do any heavy lifting to extract value from these huge, multi-dimensional data sets.

In this December edition of our series on major upgrades to the platform, we’ll cover:

  1. Licensee locator—find the perfect partner for your patented technology, wherever they may be
  2. Analytics by PatSnap new homepage*—feel completely at home drawing powerful answers from IP data, using guided processes, quick-access widgets, live news feeds, learning materials and more
  3. Non-patent literature—access repositories of innovation and human discovery which contain information missing from patent documents
  4. Patent family tree—see and demystify the complex relationships between large numbers of connected patents

*Due to be released

1.) Licensee locator—master the laws of licensee attraction

When Kevin Rivette spoke euphemistically of “Rembrandts in the Attic”, he was referring to the tendency for valuable patents to remain hidden away and underutilised.

We don’t think any valuable patents should be alone, this Christmas and beyond. So, we’ve created a tool that analyses the data points in patent documents, then creates a list of the most suitable licensees.

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Licensee Locator Tool Synthetic BiologySource: PatSnap platform

Using only a patent number, keyword or project workspace, the licensee locator tool finds and ranks potential licensees based on objective metrics of “licensability”. These include technology similarity, culture of in-licensing technology, as well as IP and financial resources.

You can refine an initial list of potential licensees based on data dimensions such as IPC/CPC codes (i.e. technology area focus), country and active years, among others.

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Licensee Locator Tool DNASource: PatSnap platform

This helps you find highly compatible organisations outside your network, which you may not otherwise have considered.

You’ll have a larger, more targeted pool of licensees and the power to pinpoint the best of the bunch, with just a few clicks of a mouse. This drastically shrinks the time it takes for your patents to go from gathering dust to accumulating cash.

2.) Analytics by PatSnap new homepage—become a natural at extracting value from IP data

Even for those who are used to dealing with patents, IP intelligence software interfaces can be an alien experience. Can you imagine what it must be like for people to whom even patent documents are alien?

So, we’ve redesigned the experience with you in mind.

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PatSnap Analytics HomepageSource: PatSnap platform

The new Analytics by PatSnap homepage helps you follow the path of least resistance to your desired outcome. You’ll also find it easier to re-engage with abandoned tasks and stay up to date with new information.

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PatSnap Analytics Homepage User ExperienceSource: PatSnap platform

You’ll get:

  • A live feed of new developments, based on your current projects
  • Step-by-step guides that walk you through key tasks, such as competitor tracking, portfolio management and novelty searches
  • Learning materials that provide tips and strategies for getting the most out of the PatSnap platform
  • Quick access to project workspaces, right from the Analytics interface
  • An announcements feed, letting you know about upgrades to the PatSnap platform

We’re certain these features will help you feel right at home in the world of IP data.

3.) Non-patent literature—innovation flows from many sources (and we’re tapping into them all)

Patents are a comprehensive source of innovation data—but they’re not the only one. That’s why PatSnap already contains additional data sources, such as litigation records, financials, licensing and grants data, among others.

But we’re starting to build a full body of scientific literature and journals too.

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Non-Patent Literature ZigbeeSource: PatSnap platform

PatSnap now integrates 800,000 pieces of non-patent literature with its repository of 124+ million patents. I’d like to stress that this is just the beginning—this number is expected to grow, dramatically and consistently, in the coming months.

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Journals ZigbeeSource: PatSnap platform

No more searching different databases, logging into discrete portals and struggling to aggregate your findings into a standardised format.

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Scientific Journal ZigbeeSource: PatSnap platform

Now, you can simply log on to PatSnap and:

  • Search by title, abstract, author or chemical data
  • Highlight your keywords in search results
  • Filter your results by article type, publication year, authors and source type
  • Sort by relevancy or publication date
  • Parse documents in list or abstract view
  • Click through to full sources
  • Access and enlarge full colour diagrams and annotations, where available
  • Display volume, issue and page number
  • Easily navigate documents by clicking through to sections such as abstract, introduction, description, conclusions and acknowledgement
  • Download PDFs for further analysis
  • Mark documents as “read” for easy progress tracking

Hopping from platform to platform can make you feel like you’re chasing your tail. PatSnap is making that a non-issue.

4.) Patent family tree—strike at the root of any IP strategy

Patent families can be sprawling, with complex relationships, making it difficult to pinpoint closely related or pillar patents. But IP specialists need to strike at the root of a patent family—i.e. identify and attack the foundational filings—to invalidate it.

Most of us currently suffer through bulk exports and analyses of family IDs, priority numbers, titles and claims, to understand if a patent is a divisional, continuation or continuation-in-part.

You can see lines that represent closely related patents and their priorities. All this helps you understand the intricacies of competitor patent families, so you can take an effective offensive position or learn from others’ strategies.

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Patent Family Tree MapSource: PatSnap platform

The family view also helps you understand how the technology involved in an invention has developed over time.

You can:

  • See the relationships between patents within complex families, organised according to jurisdiction and time
  • Refine any family tree by patent authority, application year and legal status
  • Export family tree visualisations for offline reference or analyses
  • Add comments and custom fields to patents of interest, while viewing them within the family tree feature
  • Choose which pieces of information are displayed about the patents in the family tree visualisation

This feature won’t just save you time and money—it’ll win you both too.

What will the PatSnap platform look like in 2018? Watch this webinar to find out

See what we have planned for the PatSnap platform in 2018—covering services, features and other offerings.

We’ll talk about:

  • Upgrades to existing functionalities, as well as completely new capabilities
  • The development roadmap for PatSnap Academy, our IP and innovation learning hub for R&D professionals
  • Other projects, based on customer enquiries