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Questel Leading you all along the IP lifecycle IP Pruning Michael Klein – October 2014

ICIC 2014 New Product Introduction Questel

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Page 1: ICIC 2014 New Product Introduction Questel

Questel Leading you all along the IP lifecycle

IP Pruning Michael Klein – October 2014

Page 2: ICIC 2014 New Product Introduction Questel

BUSINESS

VALUE

CHAIN

IP PRIOR-ART SEARCH

IP BUSINESS INTELLIGENCE

IP EVALUATION

PRODUCTIVITY

TOOLS

COVERING IP NEEDS ALL ALONG THE INNOVATION LIFECYCLE

PRODUCT

DEVELOPMENT GO-TO-

MARKET

ASSET

MONETIZATION

IP

CHALLENGES SPEED R&D MITIGATE

RISKS AUDIT MONETIZE

TECHNOLOGY

DEVELOPMENT

Page 3: ICIC 2014 New Product Introduction Questel

IP BUSINESS INTELLIGENCE

WORKFLOW

DEFINE

AN AREA OF

INTEREST

CREATE AN

ENVIRONMENT

MONETIZE

BENCHMARK

AUDIT

ANALYZE

THE

OUTCOME

LANDSCAPE

Prior-Art Search IPBI Module

Page 4: ICIC 2014 New Product Introduction Questel

Pruning

• To maintain patents alive, associated renewal fees become expensive overtime

• The USPTO and EPO apply the following price structures:

3

Page 5: ICIC 2014 New Product Introduction Questel

Pruning

• The Orbit pruning solution allows you to audit your own portfolio and track down:

• the most valuable patents

• those which can be abandoned

• It helps you to make smarter, better and quicker decisions and

• Save money

• Allocate your resources to promising fields and areas

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Page 6: ICIC 2014 New Product Introduction Questel

Pruning

COMPUTE

METRICS

SCAN PATENT

PORTFOLIO MANAGE

RANK

PATENTS

Page 7: ICIC 2014 New Product Introduction Questel

- Elevators, Escalators and Moving Walkways -

Portfolio Auditing

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Page 8: ICIC 2014 New Product Introduction Questel

Methodology

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• Identification of alive Kone’s art in B66B class

• Portfolio of 864 patents found

• Rating of those patents based on a 12+ metric scale that portrays their appeal to the market

B66B: ELEVATORS; ESCALATORS OR MOVING WALKWAYS

Page 9: ICIC 2014 New Product Introduction Questel

9

Import or Search a portfolio

Page 10: ICIC 2014 New Product Introduction Questel

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Confirm the searched portfolio

Page 11: ICIC 2014 New Product Introduction Questel

Pruning - Overview

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Page 12: ICIC 2014 New Product Introduction Questel

Report overview editable criteria

The threshold between the different categories can be adjusted based upon different criteria (family size, forward citations, citation/year etc.)

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Page 13: ICIC 2014 New Product Introduction Questel

Pruning – Detailed Report

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Page 14: ICIC 2014 New Product Introduction Questel

Pruning – Metrics

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The

mo

st li

kely

to

ab

and

on

- The larger the family the better - It indicates greater investment and a wider scope for protection

- Score ranges between 0 and 1 - The closer to 1, the wider application across tech groups - The closer to 0, the more specific application

- Score ranges between 0 and 1 - The closer to 1, the more breakthrough technology - The closer to 0, the more incremental improvement

The presence of predators indicates a more active patent market

- No: not a single member of the family has been litigated in the US, opposed or re-examined anywhere in the world - Yes: at least a member

The higher the better: indicates follow up on work and confidence in the technology

- The more citation the better - It indicates continued interest in the patent

The higher the better: More independent and dependent claims tend to indicate a wider scope of protection

Page 15: ICIC 2014 New Product Introduction Questel

Align innovation with company’s strategy

Assess your portfolio based on 12+ metrics Determine which patents should be

investigated and eventually abandoned

Save money and better allocate your financial resources

Plan ahead and anticipate future outcome by pointing out the most likely patents to get rid off in a few years

The Pruning module allows to

Page 16: ICIC 2014 New Product Introduction Questel

Q&A

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