LOT Network Report 2022

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.

Highlights

• 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