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How to Justify Your Patent Budget
With the current economic climate increasingly under pressure, now is the time to be confident in how to use your patent budget to effectively right-size your patent portfolio.
In this webinar we discussed what steps you can take to optimise spend.
Our moderator, Sarah Newton, Head of North American Sales was joined by Kacper Gorski, Head of Risk Solutions and James Watson, Business Development Manager at Cipher to discuss:
- 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 stakeholders
Watch the webinar below and be sure to download the accompanying resources.
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.