Beyond Portfolio Optimisation – calculating the value of rightsizing
We hosted a webinar in conjunction with IAM at the end of April that looked at the key findings detailed in the Cipher Report on Portfolio Optimisation published in March 2020.
The webinar covered the four key findings of the report:
- Over $40 billion is spent on patents each year, but less than 20% of companies report that their portfolio is the right size.
- Most patent experts believe that a well-balanced portfolio reduces the threat of patent litigation.
- Patent strategy is scrutinised by the CTO, CFO or board in most organisations.
- Organisations spend on average 9% of their patent budgets on strategic patent intelligence. Many organisations are facing scrutiny from senior executives across finance, technology and, in many cases, the board.
If you’d like to learn more about how the optimisation model discussed in this webinar could be beneficial to your business, please get in touch.