Claim Mapping Goes Beyond The Numbers
Patents provide the greatest origin of technological information we have and they can be a huge source of revenue for corporations, universities and individuals. However, these entities can increase their profits even further through patent mapping, or landscaping, which provides easy to understand visual documents that can help assess and analyze large amounts of patent information and data. Patent mapping also enables entities to track and analyze which technological fields are getting the most activity, as well as and how their filing IP portfolios and patterns are changing and developing over time.
What Is Patent Mapping?
Essentially, patent mapping is being able to visually see the results of statistical analysis via a graphical model. It allows companies to seek out and find patents in certain technology spaces, verify them and their characteristics, and then determine any relationships among them. Patent mapping can be an invaluable source of information and data that can be used by innovators, inventors, investors, corporate executives and other influencers alike.
Typical Patent Mapping
While typical patent mapping is a valuable tool for many corporations and business entities, it doesn’t cover all aspect of the patent mapping landscape. In other words, there are significant untapped monetary opportunities to be had via patent mapping, which are being missed by typical patent mapping methods. So while many companies offer patent mapping to determine the number of patents in a particular technology, they are not taking advantage of all the profit opportunities available. At IPTraderTM, however, our experts have been studying and utilizing patent mapping for the benefit of corporations and individuals for years. Because of that experience we are also innovators in the practice of patent mapping.
Claim Mapping Does More
We have created a unique Claim Mapping method, which is a powerful tool used to determine the ability to file for additional claims and patents in a particular field. However, it doesn’t stop there. It also offers the opportunity to see what is being missed and which part of the landscape is not being covered. That means by Claim Mapping the landscape IPTraderTM goes beyond the surface-level results. Claim Mapping also provides the easiest way to quickly communicate an extremely complex set of possible outcomes due to the interconnected logic behind the significant number of patents and claims involved.
Landscape Mapping Approaches
In mapping out the patent landscape we have used two approaches: Set Theory and Boolean Logic.
Set Theory – this is the branch of mathematics that studies sets, which are a collection of objects. We utilize a unique way to map out the patent claims using this theory.
Boolean Logic – this is a branch of mathematics that assists in comparing the sets in a logical manner to arrive at Venn Diagrams, which are diagrams that represent mathematical or logical sets pictorially.
Bound By Theory Only
In viewing the landscape, it is also very important to understand that these so-called boundaries are only theoretical boundaries unless they have already been defined in a prior court ruling, for example, in a Markman hearing. This is a pre-trial hearing that involves a plaintiff who has alleged some kind of patent infringement. During the hearing, a U.S. District Court judge examines the evidence regarding all of the significant keywords used in a given patent claim.
Uncovering Millions in Potential Revenue
We take this in to account in our Claim Mapping method as our assumptions deriving the landscape are purposefully made under the auspices of broad claim interpretation. In other words, we map the landscape by depicting claimed subject matter as broadly as possible, so that potential conflict(s) might be emphasized and addressed rather than overlooked. This method has produced significant results. In fact, our Claim Mapping method has resulted in hundreds of millions of dollars in corporate profits through designing patent maps around competitors and then covering landscapes where others have not seen the possible outcomes.
A Tangible Difference
The bottom line is that this unique and powerful method of Claim Mapping goes well beyond the results you obtain from typical patent mapping methods. By utilizing this groundbreaking method we have helped corporations greatly increase their overall profits from patents and patent claims and ultimately helped improved their bottom line.