Description of Services
A competitor patent portfolio analysis involves an in-depth study of the key competitors, their technologies, patent portfolios, patenting trends etc. Competitor analysis also provides a crucial understanding of competitors and helps prevent potential infringement and liabilities from infringement litigation.
Specific Scope Offerings
Scope provides you with invaluable patent & business research and analytics in obtaining competitive intelligence (CI) in your area of operation. Top-notch firms, corporate legal departments and IP consultants around the world rely on Scope to understand their competitive strengths and weaknesses. This helps them in arriving at decisions - from protecting their/ client's patent portfolios and identifying/ targeting licensing candidates, to evaluating other companies for mergers and acquisitions (M&A).
Our reports keep you updated about your competitor's patenting activities and potential new competition emerging in the technology market. For an organization counting on its technological edge over competition, it is crucial to track the trend of competition in the specific technology with relevance to development of a technology or withdrawal from it. And, protecting one's core patents & technology by identifying potential infringers in the domain is essential to assure technological edge over competition. Likewise, avoiding patent infringement litigation by understanding the technological landscape of the organization vis-à-vis competition is a vital objective.
Scope's Competitive Intelligence offerings include:
Patent Portfolio Analysis
Scope provides you with a detailed study of the patent portfolio of competitors to identify key technologies, trends in patenting, product pipeline, niche technologies, licensing opportunities, and protection from infringement and litigation liabilities.
Market Assessment Studies
Scope provides you with market assessment studies that help you gauge market trends as well as gain insight on your go to market strategy. Our market assessment reports cover the following:
- Industry overview
- Major companies and their business strategies
- SWOT analysis of companies
- Market opportunities
Patent Mapping
Scope has extensive expertise in patent mapping and visualization services. As part of our patent mapping service, we provide you with a visual landscape by clustering patent data on specific parameters. We represent such relationships in a three-dimensional space using contour lines, bubble charts and other such graphical presentations.
Scope Methodology
Pre-Execution Stage
- Receipt of target competitors from the client
- Understanding of the competitor(s) patenting activity and background research conducted
- Identification of appropriate analytical parameters and sources for the same to generate the proposal
- Preparation of proposal detailing our understanding, methodology adopted for each parameter, sources etc.
- Proposal sent to client for feedback/ approval
- Client's feedback received and modifications made as and when required
- Client's approval received prior to executing project
Execution Stage
- Dispatch to team dedicated for the assignment
- Retrieval of competitor's patent portfolio along with its subsidiaries using free and paid patent databases
- In-depth research on the yielded output
- Various analytics based on the parameters proposed
- Graphical representation & inferences of the researched data created
Post-Execution Stage
- Report generation post execution of the assignment
- Internal quality assurance conducted
- Preparation of Internal documentation viz. sources used, time spent and other metrics
- Dispatch to client team
- Feedback requested from client team
Client Benefits
- Unveil hidden patent and R&D information of key industry players; assess competitor strategies and potential threats
- Evaluate other applications/ industries that can use existing patents
- Identify gaps where complementary technology can be licensed in
- Reduce risk, Enhance critical decision making and obtain valuable insight to product/ technology/ innovation development and management
- Identify existing technologies available to ensure faster product/ business segment development
Tracking & Monitoring Services
Tracking & Monitoring services include periodic monitoring of patent records e.g. new patents filed, legal status changes etc to discover emerging trends in patenting pertaining to a niche technology domain or those of a competitor.
Specific Scope Offerings
Scope provides you with customized tracking & monitoring services for patent applications, filed and granted on a global basis across various technology domains. Scope offers a high degree of customization in terms of the various parameters as required by you - for e.g. specific competitors, specific technology vertical, geographies, languages etc. We also create and help you maintain a detailed surveillance list of these patents.
Our updates typically cover:
- Brief description of the industry and IP related activities
- Company overview including total number of patents held by the company
- Analysis of the total number of patents granted, patent filings, expiry details of patents etc., with respect to the company
- Patents of importance, ground-breaking inventions, expiry details of high value patents, filing history, etc are offered on a periodical basis upon your request
Scope Methodology
Pre-Execution Stage
- Receipt of query from client
- Understanding of the query and background research conducted
- Identifying the sources, parameters to be tracked, frequency of tracking etc to generate approach note
- Preparation of approach note detailing our understanding, sources, parameters, frequency of tracking etc
- Proposal sent to client for feedback/ approval
- Client's feedback received and modifications made as and when required
- Client's approval received prior to executing project
Execution Stage
- Dispatch to team dedicated for the assignment
- Retrieval of necessary documents from appropriate sources using given parameters
- Analysis and clustering of the yielded documents according to the required parameters
Post-Execution Stage
- Report generation post execution of the assignment
- Internal quality assurance conducted
- Preparation of Internal documentation viz. sources used, time spent and other metrics
- Dispatch to client team
- Feedback requested from client team
Client Benefits
Scope keeps clients fully informed of any critical developments on an ongoing basis, so that preventative/ pre-emptive measures can be taken swiftly.
It also helps clients focus their staff on core IP activities, away from routine tasks.
Building Customized Databases
Scope creates and maintains customized patent databases according to your requirements, to assist you in efficient recall and retrieval of relevant patent information through customized enhancements:
- Indexing & metadata
- Taxonomy development
- Parametric searching
- Visualization tools
- Content mining, etc.
We have the expertise to develop customized database in a variety of interfaces, from simple tools (i.e. macros in Excel) to sophisticated applications (i.e. SQL databases)
Client Benefits
Quick extraction of useful information, out of your internal patent and non-patent content repository.
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