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COVID 19 – Mitigating the Impact of Patent Budget Cuts in Recession

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Have you been told to cut your patent budget by 20%? Are you confident that you’re cutting down in the right areas?

Patent activity has continued to grow exponentially over the last 20 years despite enduring two recessions, but this time it’s different. Organisations are honing in on conserving cash and patent budgets are no exception. With over $40 billion spent each year on patents, it’s no surprise that organisations are having to seriously reduce this spend.

Our latest piece, written by CEO Nigel Swycher, explores the challenges IP teams are confronted with in the face of severe scrutiny and budget cuts as well as proven SPI models that will help assess your portfolio and determine which areas should take the hit.

‘Budget cuts in recession’ PDF Download

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BUDGET CUTS IN RECESSION

Find out more about how to mitigate the impact of patent budget cuts during a recession

  • Are patents immune to a recession?
  • How do you know where to cut your budget?
  • What SPI models are there that can lessen the impact of budget cuts?

Budget cuts in a recession report

Insights & Events

Patent budgets triggered by Covid – cutting not wounding webinar

View our webinar that addresses the challenges of managing a patent budget in a recession.
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Cipher Report on Portfolio Optimisation

Hear from Google, Accenture, Facebook and many other large patent owning organisations in the full Cipher report. Take a look at what the world’s patent owning organisations are saying about balanced portfolios and the various strategic objectives served by those portfolios.
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Portfolio Optimisation Report – Key Findings

Hear from Google, Accenture, Facebook and many other large patent owning organisations in the full Cipher report. Take a look at what the world’s patent owning organisations are saying about balanced portfolios and the various strategic objectives served by those portfolios.
Read more

Beyond portfolio optimisation – calculating the value of rightsizing

View our webinar discussing results of the Cipher Report on Portfolio Optimisation and the optimisation model that can help you balance your portfolio.
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With Cipher you can…

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 to CFOs and others to 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 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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Improve your patent strategy now

Speak to one of our Cipher team today.