What are the main advantages of patent landscaping?

Patent landscape is a summary of patenting activity and gives a unique and valuable perspective in a specific technology domain, its evolution; identify patent holdings, capabilities of various companies and the specific developments in the industry. You can use the insights and inputs from the report to guide your R&D and IP strategy. It can help you decide where to focus the research.

Patent landscaping is mainly performed by patent experts and attorneys. They are performed on the behalf of businesses that are seeking to develop new products in a particular area or market. The information gained from this process is used to develop unique business plans. It helps companies minimize research risks by focusing on areas that do not already contain a lot of patents. It helps companies find out areas for future growth. It can help a company obtain intelligence on their competitors’ patent activity. It will also help you identify new areas for research and development. You may be interested to know what does the patent landscape report includes. A patent landscaping report normally includes spreadsheets, graphs, and other illustrations to reveal major filing trends. The report will also show leading patent applicants in a particular field of technology or geographical area.

Generating a patent landscape report is not an easy task. It has to be done by experts only. You should take help of a patent analyst that performs rigorous data mining, visualization, and analysis to generate a report to help you identify competitive and technological trends. Once you will hire them, they will draft technology and landscape analysis reports based on technology and industry trends. They will propose and partner on developing the right IP strategy based on the landscape report. They will assist you in developing research and development strategies based on product and competitor analysis. They will identify a number of things. For example – finding innovation focus of companies, industries, and companies; tracking patents related to competitors technology, tracking of IP activity over the years and technology assessment and mapping.

You will definitely agree that there are a number of jobs a patent expert performs when indulged in patent landscape activity. This is the reason why the job should be left in the hands of an expert. Take help of the Internet to find a service provider that is capable of generating accurate patent landscape and offering patent search support services. Visit their websites to know more about the services they provide. Also, read their testimonials to know whether they are capable of meeting your requirements or not.

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