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Patent Portfolio Benchmarking: storytelling through data

IPBC Connect Masterclass

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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

Watch a recording of the Masterclass

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With Cipher you can…

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Ensure you have the right portfolio to meet your strategic patenting objectives.

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Gather competitor intelligence

Understand who’s doing what by automating patent to technology mapping.

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Model cross licensing

Combine patent and revenue data to determine rational licensing outcomes.

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Manage your budget

Justify patent budgets and communicate the impact of your investment.

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Conduct due diligence

Automate manual reviews for efficient execution of M&A and licensing transactions.

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Tackle inbound patent assertion

Be prepared with evidence to create a fast and effective threat assessment.

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Benchmark your portfolio

Assess your portfolio in comparison to other owners through your technology lens.

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Monetise your portfolio

Identify opportunities to create value through licensing or sale of patent assets.

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Predict technology trends

Track new technologies and discover the unknown owners of future innovation.

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Create Risk Mitigation Strategies

Understand the materiality of your threats to define your risk mitigation strategy.

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Improve your patent strategy now

Speak to the Cipher team today.