R&D professionals are a core group of clients that leverage SciTech Patent Art services extensively. The services we provide cover the whole gamut of the R&D work flow, all the way from the up-front brainstorming phase to the back-end, post-commercialization monitoring phase. Many of our R&D clients view our analysts as technical support staff with very strong searching, screening and summarizing skills. Towards this end, our analysts are trained in searching a vast amount of information covering the general web, trade journals, technical publications and patents. We search through this large volume of information, screen the hits obtained based on the questions that need to be answered, and summarize the information in a succinct form, which facilitates a quick and efficient client technologist review. Our professionals are here to save your time and keep you from re-inventing the wheel.
Competitive monitoring is a core service offered by SciTech Patent Art to its clients who are interested in knowing the latest technological developments of competitors, new product launches, technical collaboration announcements, joint venture partnerships, and so on.
SPA’s reports provide succinct summaries with detailed categorized information to bring out insights without overloading the clients with data. SPA’s monitoring services source data from scientific literature, trade journals, marketing literature news articles, patents, and annual reports. Some clients receive their reports online through our client interactive portal.
Collaborative 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.
Many SPA clients have a need to assess the quality of a patent portfolio for reasons related to patent acquisitions, patent divestitures, collaboration partner assessment or R&D spent on efficiency assessment. SPA has developed a proprietary algorithm for assessing the quality of a patent portfolio, based on a set of objective metrics such as citations and family members. Recently, SPA has also developed a qualitative assessment methodology that involves comparative benchmarking of patents with respect to key dimensions of innovation that matter.
One core task of many technologists is to identify innovative and practical solutions for problems of business relevance. SPA’s technologists work closely with clients in this endeavor by researching technical resources, e.g., patents and technical publications, identifying core problems that these publications address and documenting the solutions they developed. This technical analysis is presented to SPA’s clients in a succinct form so that the client is now empowered to make a decision on next steps. Sometimes, just the documentation of the problems that others are working on is itself very insightful for an R&D manager looking to craft a new R&D strategy
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 competitor's technologies that have been commercialized or in-development. By leveraging other services in SPA’s portfolio, e.g., patent ranking and patent-product mapping, a realistic view of the competitor's technology strengths is presented in a succinct manner for client evaluation.
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.
A taxonomy study helps SPA’s clients to develop a high-level understanding (please also see Technology Landscape section) of the various ‘buckets’ of technology that exist in a particular technical domain and then identify technology trends, emerging companies, technology clusters, etc. SPA analysts can quickly categorize large patent and publication data sets – typically running over 1000 of documents – and generate a taxonomy that will help develop the needed understanding. Taxonomy studies can be conducted with both patent and publication data. Due to huge volume of data, to keep the analyses cost-effective, SPA analysts typically leverage text-mining tools with analyst oversight to ensure categorization fidelity
A typical objective of SPA for their clients who ask for a technology landscape is to develop a detailed understanding (please see Taxonomy Study section as well) of key technology trends, major players in a particular technology area, life-cycle of specific technologies, potential white-spaces, emerging technologies, emerging companies, and so on. To help clients with such understanding, SPA analysts conduct highly tailored searches in patent databases and non-patent literature to extract the records, and then conduct in-depth analyses to answer the questions raised. Various numerical analyses (e.g., 2-D and 3-D time trend charts) are combined with more complex analytics (e.g., Venn diagrams, cross-correlation maps) to extract critical insights that help the clients make decisions on future technology development.
Information on technology trends is by SPA’s clients in crafting their technology development strategy. For example, when clients would like to identify emerging applications, new technology platforms or understand life-cycle stages of existing platforms, SPA analysts carry out a detailed study of technology-specific patents, publications, trade-journals, etc. to map the trends. Non-patent literature is mined using big data analytics tools to create insightful visuals.
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.