IPBC Connect Masterclass
Patent Portfolio Benchmarking: storytelling through data
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25.03.2021
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Virtual
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16:35
Cipher hosted a Masterclass on Patent Portfolio Benchmarking: storytelling through data on 25 March 2021, as part of IAM’s IPBC Connect.
The Masterclass answered the following questions:
- What is the best practice around Benchmarking my patent portfolio?
- Who is doing what in terms of Benchmarking?
- How can Benchmarking my patent portfolio help to develop and execute my patent strategy and allow me to communicate that strategy?
The Masterclass covered:
- Results from the first global study on Benchmarking, conducted by Cipher and IAM
- How can you set up benchmarking of your patent portfolio
- Using data to story-tell – how to use data to communicate your patenting strategy
The recent Cipher Benchmarking Study confirms that benchmarking is critical to patent strategy but 53% of patent owners complain of inefficiency and lack of objective and reliable data.
This benchmarking dashboard example brings to life how data can actively inform your patent strategy – but only once the data has been structured, cleansed and classified.
Your panelists
- Daryl Bradley, Head of Patent Prosecution, ARM
- Jared Engstrom, IP Manager, Red Hat
- Nigel Swycher, CEO, Cipher
- Niall McMahon, Head of Research, Cipher
- Mohammad Ahmed, Solutions Consultant, Cipher
With Cipher you can…
Optimise your portfolio
Ensure you have the right portfolio to meet your strategic patenting objectives.
Gather competitor intelligence
Understand who’s doing what by automating patent to technology mapping.
Model cross licensing
Combine patent and revenue data to determine rational licensing outcomes.
Manage your budget
Justify patent budgets and communicate the impact of your investment.
Conduct due diligence
Automate manual reviews for efficient execution of M&A and licensing transactions.
Tackle inbound patent assertion
Be prepared with evidence to create a fast and effective threat assessment.
Benchmark your portfolio
Assess your portfolio in comparison to other owners through your technology lens.
Monetise your portfolio
Identify opportunities to create value through licensing or sale of patent assets.
Predict technology trends
Track new technologies and discover the unknown owners of future innovation.
Create Risk Mitigation Strategies
Understand the materiality of your threats to define your risk mitigation strategy.