Managing IP risk and value
Intellectual Property Strategy
Every company needs a strategy for dealing with the value and risk relating to intellectual property rights (IP).
Intangible assets now account for the bulk of the value of most companies, and IP strategy is now a boardroom issue. Cipher is a key for any organisation integrating its patent strategy with its business and IP strategy more generally.
Law firms
Are you a legal professional seeking information? Visit our Law firms page to discover how Cipher can help with your patent-related projects.
On this page:
Cipher IP Strategy Report
The Cipher IP Strategy Report analyses the impact of disruptive technology through a patent lens with industry contributions from IP leaders across automotive, technology, industrial automation, aerospace & defence and financial services.
Intellectual Property and Patents
An IP Strategy is essential
Intangible assets, including intellectual property, today account for the majority of enterprise value. Managing the future growth of any organisation requires a clear IP strategy, that is endorsed by all levels and functions within an organisation.
Patent Strategy as part of an IP Strategy
- Patents are increasing in importance across all sectors with a greater share of budgets being allocated towards patent strategy as part of overall IP strategy.
- Over $40 billion is spent globally on patents each year.
- Ensuring that your patent spend is allocated in line with any corporate or IP Strategy, requires a patent intelligence strategy. Cipher was created to enable IP professionals to make evidence-based decisions around their patent strategy.
IP Expertise
Developing an IP Strategy
Developing an IP strategy requires engagement from stakeholders across the business.
- The importance of IP strategy should lie at the core of corporate policy right from a company’s earliest days.
- Proactive engagement in an IP strategy can mitigate business risk in the future.
- IP strategy forms part of any Corporate Strategy function of an organisation.
- Even a business who has no meaningful IP assets of its own is likely to be dependent on the IP it licenses from others.
- Patent strategy is a key part of any IP strategy and due to the cost of patent portfolios, it is scrutinised at at high level.
“Cipher gave us the ability to understand the technology landscape and was an important foundation layer in creating a strategy for protecting our innovations whilst enabling us to understand how best to deal with others in potential conflict areas.
Lucy Wojcik, Head of IP, Ocado
Have you ever asked these questions?
How to align patent strategy with business strategy?
Communication is critical to aligning patent strategy to your IP strategy more broadly. Many organisations establish an IP steering group with representatives from across the business, with senior stakeholders reporting directly to the board, typically quarterly.
What’s the best way to communicate patent strategy to the CFO, CTO and the board?
Patents have historically been regarded as a cost. Integrating strategic patent intelligence into presentations helps develop a fresh narrative, where patents are seen as strategic assets mitigating the risk of litigation or adverse licensing outcomes. Find out more about about communicating Portfolio Optimisation, Competitive Intelligence or Benchmarking.
How to benchmark an IP portfolio to competitors and new entrants?
Benchmarking data can be slow, expensive and inaccurate, which erodes trust in patent intelligence and creates obstacles to comprehension of your patent strategy. Cipher maps patents to technologies using your technology lens and automates the production of actionable benchmarking metrics.
…then Cipher can help.
As featured in…
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It’s important to recognise that there is an intensely competitive landscape. With respect to the movement from traditional to non-traditional players, it’s really important that we understand what the landscape is and what IP rights are out there.
Dr. Bobby Mukherjee, Chief Counsel, Intellectual Property and Technology Law, BAE Systems PLC.
Patent Risk
One of the primary objectives of holding a patent portfolio is to mitigate risk.
Patent Risk can manifest itself in many different ways. Being able to understand where risks lie, how to quantify and communicate risk to the C suite and proposing a strategy for mitigating that risk, is key.
Reports
Cipher forms basis of new quantum technology research paper
The authors of Global Innovation and Competition in Quantum Technology, Viewed Through the Lens of Patents and Artificial Intelligence, used Cipher to produce their report.
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Dealroom and Cipher partner to deliver patent intelligence to investors
Dealroom and Cipher are excited to announce their partnership, bringing patent data to Dealroom’s customers to enhance their search for great startups.
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Sustainability
Patent data is a great source of measuring the sustainability goals of a company. Learn which companies are leading the energy transition.
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Content-Generating AI
OpenAI’s ChatGPT chatbot has been a sensation since its launch. Our report looks at published patents across Content Generative AI to identify key innovators and invention owners in this space.
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LexisNexis agreement to acquire Cipher
LexisNexis enters into definitive agreement to acquire Aistemos and its Cipher classification platform.
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Inventions & Innovators spearheading Sustainable Plastics
This report identifies the firms innovating in areas such as biodegradable polymers, bio-based polymers, and sustainable adhesives.
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Events
IPBC Global
We are looking ahead to a fantastic event in San Diego. IPBC Global will take place 12 and 14 June 2023 and brings together leading IP Professionals.
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IP Counsel Cafe Annual Palo Alto Meeting
We will be joining the conversation on Hidden Risks and Opportunities at IP Counsel Cafe’s Annual Palo Alto Meeting, on 2 to 4 May 2023.
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7th European Intellectual Property Forum
We are looking forward to attending the 7th European Intellectual Property Forum in Berlin on 27 and 28 April 2023.
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IPBC Europe
Visit our booth to meet the team. Nigel Swycher moderates a masterclass on the topic of Handling Emerging Risks (Wed 29 March).
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World IP Review Summit
Cipher is looking forward to delivering a presentation at World IP Review Summit, taking place in Chicago 16 to 18 March 2023.
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Webinar – Who Are Your Real Threats?
How can you identify who is a real threat to your company? Register for our upcoming webinar to learn more now.
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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.