Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


PatSnap launches Playbooks: A cloud-based range of analysis tools to provide IP insight for R&D teams

Playbooks scenarios include; Patent Pruning, Simulate a Merger, Litigation Threat, Litigation History, Patent Value and more

PatSnap, the global research and development (R&D) analytics company backed by Sequoia and used by innovative companies to accelerate their R&D, has today announced the launch of Playbooks, a range of scenario-based analytics applications designed to enable researchers to gain actionable intelligence from Intellectual Property data.

Organisations are no longer content for data providers to be mere points of reference, but expect them to be able to generate immediate answers to an array of critical business questions. R&D teams understand the need to research and analyse patent data to inform their R&D strategy, however the skills required to achieve these answers are often limited to legal professionals. PatSnap’s Playbooks will make it possible for those with even no prior knowledge of IP to gain the intelligence and analysis they need at the click of a button.

R&D and legal teams at innovation-focused companies need to know at the early stage of development whether there is IP risk around the projects being worked on, to ensure the organisation’s resources are allocated to projects that have the highest chance of success. The launch of Playbooks will provide a series of one-step interactive tools to provide market insight and competitive intelligence, to perform a number of situation-specific analyses on R&D data, including:

  • Patent Pruning: Maintenance fee forecasting and refining by indicators, specific to company values, to assist in patent renewal or abandonment decisions.
  • Simulate a Merger: Perform early IP due diligence on a merger and acquisition, and analyse changes.
  • Patent Value: Identify valuable patents and their corresponding monetary value.
  • Litigation Threat: Identify litigious companies and the patents being asserted.
  • Litigation History: Find out all of the patent litigation history of a company and their success rate in court.
  • Territory Landscape: Generate a strategic interactive map of IP activity surrounding a company’s portfolio. This gives a strategic overview on activities of existing competitors, new entrants, and unforeseen areas of innovation.
  • Technology Lifecycle Analysis: Use patenting trends and International Patent Classifications (IPCs) to understand whether a technology is emerging, in the growth stage, or reaching maturity, and make strategic R&D investment and commercialisation decisions based on market potential.
  • Licensee Locator: Highlight which patents have the most licensing potential, analyse the potential royalties and global market opportunities, and identify a shortlist of potential licensees for any technology in an organisation’s portfolio.

PatSnap has brought together the world’s most comprehensive R&D dataset. By adding IP data, licensing and litigation data, economic data, patent valuation, image and chemical formula search and trademark recognition, PatSnap provides the world’s most innovative organisations with a new, intuitive source of information for use during research.

Dr. Ali Hussein, product leader at PatSnap UK, said: “each Playbook automates an existing process that R&D and legal teams are already spending extensive amounts of time and money into achieving. Playbooks will vastly reduce the time, resources and legal knowledge needed to inform their R&D decisions, and empower the innovators to access the analysis they need. We look forward to working closely with our customers to ensure that by using PatSnap, they can spend less time researching, and more time developing and commercialising their innovations.”

Continue Reading

Recent Posts