Patent Mining
Identification and prioritisation of assets are necessary for managing and monetizing patent portfolios. In this situation, patent mining is useful.
With the help of Synoptic IP’s Patent Mining tool, you can choose which technologies to license or sell as marginal assets to create revenue, to donate or even abandon assets to cut expenses, and to identify acquisitions to enhance or grow an existing portfolio.
Why Patent Specialists, Licensing Programme Managers and Patent Owners Choose Patent Mining
- To sell or license any of their monetizable patents to generate income from their patent portfolios
- To get additional revenue from patents they maintain but aren’t using for their primary business
- To begin a licensing programme
- To recognize possibilities for pruning
- To examine portfolios that are being considered for acquisition
Why Synoptic IP?
Why patent professionals choose us for Patent Mining
At Synoptic IP, we are aware that one cannot thoroughly study every patent in the portfolio to determine its market applicability due to financial and time constraints.
- Our subject matter experts promptly screen and rank patents
- In order to quickly rate a large portfolio set, we have a proprietary ranking tool
- To find infringements for prioritised patents
- Ability to locate uses in secondary or alternative markets
- To evaluate big portfolios and locate opportunities for licensing or monetization
- We are very open with the client about the procedure and intermediate deliverables at every stage
- For speedy turn-around time
Words From Our Clients
Verified LinkedIn reviews and client correspondence from patent attorneys and in-house IP teams who come back to us project after project.
I used Synoptic for a validity search and was pleased with the results. The rates were highly competitive, the deliverable was on time, and the results were as good as (if not better than) other searches I’ve used.
Erin J. FoxIntellectual Property Counsel · ITW
Ankit did a very thorough and professional job on a claim chart assignment for us. He showed great perseverance when things got difficult and was able to get the job done. I would work with him again.
Eric BrownUS Patent Agent
Thank you — the search was quite helpful. We’ll have your invoice processed promptly.
Thank you for your work on this matter. We were pleased with the search and will consider you for future searches.
Frequently Asked Questions
What is patent mining?
Patent mining is the process of selecting certain patents from a patent portfolio that meet one’s technical or business needs. It enables you to identify intellectual assets that you can give up in order to cut costs, as well as innovations that you can sell or license in order to create earnings.
Looking for a First-Class Patent Search Consultant?
Get Quotes Now!Patent Mining
Identification and prioritisation of assets are necessary for managing and monetizing patent portfolios. In this situation, patent mining is useful. With the help of Synoptic IP’s Patent Mining tool, you can choose which technologies to licence or sell as marginal assets to create revenue, to donate or even abandon assets to cut expenses, and to identify acquisitions to enhance or grow an existing portfolio.
For various business requirements or goals, patent specialists, licencing programme managers, and patent owners choose patent mining:
- To sell or licence any of their monetizable patents to generate income from their patent portfolios.
- To get additional revenue from patents they maintain but aren't using for their primary business.
- To begin a licencing program.
- Recognize possibilities for pruning.
- To examine portfolios that are being considered for acquisition
Why Synoptic IP?
At Synoptic IP, we are aware that one cannot thoroughly study every patent in the portfolio to determine its market applicability due to financial and time constraints. The main considerations listed below are why patent professionals choose us for Patent Mining:
- Our subject matter experts promptly screen and rank patents.
- In order to quickly rate a large portfolio set, we have a proprietary ranking tool.
- To find infringements for prioritised patents.
- Ability to locate uses in secondary or alternative markets.
- To evaluate big portfolios and locate opportunities for licencing or monetization.
- We are very open with the client about the procedure and intermediate deliverables at every stage.
- For speedy turn-around time.
FAQs
Patent mining is the process of selecting certain patents from a patent portfolio that meet one’s technical or business needs. It enables you to identify intellectual assets that you can give up in order to cut costs, as well as innovations that you can sell or licence in order to create earnings.
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