Avoid millions in wasted R&D loss, Minesoft’s suite of patent
solutions make it easy to explore any technology area to
avoid infringement and parallel development
All of the greatest, most renowned inventions
start with an idea; patents are often the first
and only source of these ideas as many are
never published elsewhere. Hence, companies
around the world are protective of the value in
their own intellectual property (IP) and realise
the importance of monitoring the IP of their
competitors. Minesoft is a world-renowned
service provider for the Intellectual Property
industry, to help companies harness the
knowledge found in patents, gain competitive
intelligence and build on the ideas of others to
drive innovation worldwide.
Analysing large amounts of patent information
can reveal relationships and trends that would
be hard to discern when working on a patent-
by-patent basis but the importance of a
micro-level analysis as part of a comprehensive
strategy shouldn’t be underestimated. To
understand the ‘big picture’ that can be painted
from an analysis of a set of patent data, it is
worth taking a step back to look at the
individual patent.
PatBase’s family structure collates all necessary
information on one invention in one place and
reduces duplication. When viewing results,
users can see schematics and concept drawings
from the entire patent family, with mosaic
images of all inventions included the original
application.
Patent analysis can be used to provide insight
across an entire organisation, including patent
specialists and non-patent professionals.
Research and Development departments
benefit from an in-depth analysis of
technological developments in their field of
expertise and identification of opportunities for
new product development in low-risk areas to
avoid wasted R&D time and costs. Innovation-
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PECM Issue 36
driven companies around the world provide
their researchers and engineers with access to
patent search and analysis tools, like PatBase,
to allow them to explore the landscape on their
own.
Minesoft’s latest version of its analytical
platform, PatBase Analytics V2 (compatible
with PatBase Express) enables its users to
visualise market trends and key competitors as
well as identifying potential business partners
and licensing opportunities. With over 70% of
the world’s scientific knowledge found within
patents, this tool can arm a corporation’s R&D
team with the knowledge needed to develop
their innovations with an accurate
representation of the current landscape – to
avoid wasting potential millions on redundant
work.
Minesoft’s suite of patent solutions make it
easier to search and identify patents for a
range of technologies and processes. SMEs,
academic institutions and big corporations can
gain insight into how others are tackling an
issue to help inform their own responses. With
over 60 full text collections, including non-Latin
data, PatBase provides access to patent
literature generated from key countries around
the world.
In just a few minutes, PatBase and integrated
PatBase Analytics V2 can be used to identify
key players in the space for licensing
agreements, locate expired IP that is open for
use. Whether you have a practical problem to
solve, valuable IP you wish to keep track of or
competitors to monitor, Minesoft’s solutions
have you covered.
Go to www.minesoft.com for more
information.