12th April 2023

LOT Network Report 2022

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

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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

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

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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

Europe’s Chemicals Industry: The Benefits and Risks Posed by the UPC

Examining the patent landscape of the chemicals industry in Europe following the establishment of the Unified Patent Court (UPC).
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Key Patent Innovations and the BlackBerry portfolio

Following its acquisition by Key Patent Innovations, we revisited our analysis of the BlackBerry patent portfolio, identifying the areas at risk.
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How innovation affects revenue for Big Tech

Big Tech firms thrive on innovation, and patents play a crucial role. Our analysis tracks the activity of Apple, Google, Microsoft and others over the last 20 years.
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Meta’s Threads platform a direct challenge to Twitter

Our analysis finds that Meta’s patent portfolio illustrates its invention ownership strength in the technology stack that underpins the Twitter platform.
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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.
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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

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