Competitor Monitoring
You can acquire the information you need to carry out your objectives with the help of our hyper-targeted patent monitoring services. We can help you with everything from keeping an eye on your competitors’ intellectual property to monitoring a particular technical area and even your own portfolio of publications and patents.
Why track competitors?
- To provide timely information regarding product developments made by rivals.
- For regular updates of the intellectual property (IP) of competitors aid in predicting their strategies.
- For Constant IP updates for a certain technology to stay informed about new ideas and competitors
- For regular updates on market activity and fake goods
Why Synoptic IP?
- For keeping track of any new filings made by rivals and grouping articles according to taxonomy and further into different regions.
- We monitor the publications of the applicant on a global or regional basis.
- Covering patents held by partners, subsidiaries, or corporations of interest
- We are skilled at establishing monitoring, including specialised searches based on chemical structures and biosequences.
- We monitor competitor market activity, including mergers and acquisitions, product launches, trade shows, and conferences.
- We have a team of more than 250 techno-legal specialists who specialise in technical fields like life sciences, engineering, and ICT.
- Our team can manage disclosures and reporting in more than 16 different languages.
- We have 10+ specialised databases covering 100+ geographies in various technology fields.
Who could require this service?
- IP Advisors
- Managers of R&D
- Attorney
- Strategy developers
FAQs
Patent watch is a routine procedure used by corporations to keep track of recently issued patents or published patent applications.
It’s important to regularly monitor patents to keep tabs on your rivals, those in a particular technological field, or even your own patent portfolio or publications.
Patents are monitored for developments in the prosecution as well as changes in the law. The file wrappers and transaction histories from the relevant official PTO websites are used to keep track of patents.
Monitoring 8–14 applications for a year using Patent Watch would cost you between $800 and $1000. (monthly monitoring).
Both businesses and individual inventors must keep an eye on their own patents as well as their rivals.
Read More on Our Blogs
Explore more on our blogs to have a better understanding of our services.
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