Patent Analytics – Valuable Information is Often Hidden Behind the Numbers

Patent analytics is the process of quantitatively and qualitatively analysing patent documents and visualising the results of the analysis. By using appropriate analytical methods and tools, such as statistics, big data and artificial intelligence, large amounts of patent information can be evaluated to gain in-depth insights into patent data and discover the evolution and trends of patent activity hidden behind patent documents. These insights can be used to:
Patent analysis is essential for finding new product markets and product gaps, avoiding patent infringement, identifying potential patent licensees, assessing the likelihood of invalidation (patent stability) and evaluating the value of patents in licensing transactions.