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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 25th March, 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

Find out more here

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With Cipher you can…

Portfolio Optimisation connecting cogs

Optimise your portfolio

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.