Dear Patentcloud Users,
We are delighted to announce the refined “Potential Targets of the Portfolio” chart in Patentcloud’s Due Diligence — one of the vital applications on the Value Highlights dashboard used to unearth the entities potentially infringing upon or using the patents in a specific patent portfolio.
Due Diligence is Patentcloud’s one-click solution that provides automated and visualized patent portfolio evaluation for patent transaction-related decisions such as buying/selling, licensing, and pledging. With Patentcloud’s vast and comprehensive patent data and the proprietary Patent Quality and Value Rankings, Due Diligence can present both quantitative and qualitative patent analysis on a large patent portfolio in seconds.
Due Diligence‘s 7th dashboard — Value Highlights — aims to help users identify the entities that have cited the most patents from the selected patent portfolio, and may thus be potential licensees of the patents in the portfolio.
In this update, the “Potential Targets of the Portfolio” chart now features two new upgrades.
1. The “Citation Type” filter — users can now choose from 3 different forward citation filters:
- Novelty Citations: find a certain entity’s patent that was rejected during prosecution for novelty issues cited from patents in this portfolio.
- Novelty or Non-obviousness Citations: find a certain entity’s patent that was rejected during prosecution for novelty or non-obviousness issues cited from patents in this portfolio.
- All Applicant and Examiner Citations: forward citation patents raised by the applicant, examiner, or a third party in patent filings or post-grant proceedings. Note: Before this update, this was the only citation type.
2. The data scope of the patents analyzed in this chart will be narrowed down to include only US, CN, EP and WO forward citation patents instead of global patents, allowing for the incorporation of more complete and distinct novelty/non-obviousness citation data.
These two key updates will allow users to pinpoint potential targets more precisely and accurately based on novelty/non-obviousness citations that were raised during the patent prosecution process or post-grant proceedings. Along with the family size information in the chart — which represents the likelihood of commercializing such forward citations into products or services — users will now find it easier to recognize major competitors and take action.
Need more information? Request a demo from our Client Success Specialist now.