26th April 2021
Storytelling with Patent Data
Storytelling with data
Welcome to the second episode of Cipher Vision, a podcast series dedicated to unleashing the strategic value of patents. This episode has a very interesting topic Storytelling with data which is relevant to the patents and intellectual property industry.
We were joined by 2 industry experts and the host of Cipher Vision podcast
- Jared Engstrom from Crowdstrike
- Daryl Bradley from Arm
- Nigel Swycher CEO Cipher
- Francesca Levoir co-host
Highlights:
Daryl: Patents is a complicated subject to learn. We have to go through the same as any other company. We have to demonstrate the value of the patents to our business even being an IP business.
Francesca: Daryl, you very kindly gave us the title of this podcast storytelling with data. It was when we were interviewing you for our benchmarking patent portfolios report. In that report, we found that over half of the companies actually struggle to get hold of data.
Daryl: One of the challenges we’ve had along the path of developing all our stories is around practices. Businesses have their own internal languages, processes, acronyms and business areas. The ways of dealing with information and patents were the same. What is the value in patents and what it can bring to the business?
Francesca: When we are talking about a complex topic of patents, storytelling can give us a way forward. People tell us stories, we remember them and we can relate to them.
Jared: An analogy we used, thinking of patents as almost like nuclear weapons and how you think about the military landscape of the world.
Tune into the full episode
Listen to us on Spotify, Apple or Google Podcast
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.