Contact us

12th April 2023

LOT Network Report 2022

LOT has become the solution of choice to address the NPE issue

Share this page:

Report introduction

In the introduction to the 2022 report, LOT Network state:

“2022 was another record year for LOT Network, with 831 new members joining our community. Each year, in LOT’s 8-year history, has been a record year of growth – proof that LOT has become the solution of choice to address the NPE issue.”

LOT Network had over 2,700 members as of 2022 – this is up from 1,700 members in 2021.


  • LOT Network has aggregated rights to the largest patent portfolio in the world. There are now over 3,652,925 active worldwide assets and counting subject to the LOT Agreement
  • More than 117,044 assets have already left LOT Network, of which over 4,717 have gone to PAEs. Due to the transparency, uniformity, and wide-adoption of the LOT Agreement itself, none of these assets have been asserted against LOT Members
  • Cipher’s Universal Technology Taxonomy (UTT) system is widely used by those doing patent portfolio analysis. The top three technology areas for patents owned by LOT Network members are:
  1. Information (332, 148 patent families – 28%)
  2. Mechanical (262,263 patent families – 22%)
  3. Electrical (142,870 patent families – 12%)
  • The ADAPT scheme was launched at the annual LOT Network BRIDGE meeting in 2022

Further information

Managing PAE Patent Risk

Episode 6 in Season 2 of the Cipher Vision Podcast series featured Ken Seddon, CEO of LOT Network.

Ken discussed the threat that PAE companies pose to innovation, as well as the role that operating companies have in taking positive, collaborative steps to ensure a sound patent strategy.

Listen to Managing PAE Patent Risk

Ken Seddon was the guest for Season 2, Episode 5 of the Cipher Vision Podcast - Managing PAE Patent Risk.

LOT Network Report 2022


2022 Report

The LOT Network Report 2022, which has been produced for the organisation by Cipher, in association with Richardson Oliver Law, has these sections:

  • Patent Assertion Entity Risk
  • What’s in LOT Network?
  • LOT Network BRIDGE: Building Community in IP
  • Member Connectedness
  • Looking Forward to 2023

Insights & Events

21st Century Evolution of Sustainable Plastic Technology Trends

To mark World Environment Day, Cipher tracks sustainable plastics technology innovators and owners in the 21st century.
Read more

The increasing importance of IP

How intellectual property (IP) moved into the business mainstream, as seen from the perspective of guests on the Cipher Vision Podcast.
Read more

Game Over for the West?

Our report looking at patent owners of gaming technology found that Japanese firms dominated but it also uncovered some unexpected trends.
Read more

Could NPEs stifle innovation in sustainable energy?

Patents owned by sustainable energy organisations may be at risk from NPEs, which could stifle any innovation and development of technologies in this area.
Read more

LOT Network Report 2022

The 2022 report, produced for the organisation by Cipher, highlights that none of the assets which have left LOT Network have been used against its members.
Read more

Cipher is now part of LexisNexis Intellectual Property

Update: We are pleased to announce that the customary regulatory clearances have been received and the acquisition has officially closed.
Read more

With Cipher you can…

Portfolio Optimisation connecting cogs

Optimise your portfolio

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

Read more
Competitive Intelligence

Gather competitor intelligence

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

Read more
Cross Licensing

Model cross licensing

Combine patent and revenue data to determine rational licensing outcomes.

Read more

Manage your budget

Justify patent budgets and communicate the impact of your investment.

Read more

Conduct due diligence

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

Read more

Tackle inbound patent assertion

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

Read more

Benchmark your portfolio

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

Read more

Monetise your portfolio

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

Read more
Technology Trends icon

Predict technology trends

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

Read more
Icon of a meter

Create Risk Mitigation Strategies

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

Read more

Improve your patent strategy now

Speak to the Cipher team today.

Review Your Portfolio

Arrange a callback