WEBINAR
How to Justify Your Patent Budget
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27.04.2023
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Virtual
Now more than ever companies are feeling the pinch of economic pressure, and patent teams are having to determine how they can do more, with less.
Not all patent portfolios are created equal, and it’s important to understand where you should allocate your patent budget to deliver the most value for your company.
But how do you effectively right-size your patent portfolio and communicate your strategy with executives?
“You need to be able to tell a story to your executives, one that’s convincing and supported by data.” Jared Engstrom, CrowdStrike
Find out how you do this in our webinar ‘How to Justify Your Patent Budget?’ where we used IBM as a case study to cover the following:
- Define your budget objectives – Expand or shrink?
- Assessing portfolio differences using Cipher classification
- Evaluate the competitive landscape
- Ensure your budget strategy is future-proof with Cipher risk model
- Communicate the value of your patents to the C-suite
Moderator
Sarah Newton, Head of North American Sales
Panelists
Kacper Gorski, Head of Risk Solutions
James Watson, Business Development Manager
See how Cipher can support with Budget Management, or get in touch directly.
How to Justify Your Patent Budget Webinar Recording
Webinar recording
- Define your budget objectives – Expand or shrink?
- Assessing portfolio differences using Cipher classification
- Evaluate the competitive landscape
- Ensure your budget strategy is future-proof
- Communicate the value of your patents to the C-suite
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.