F3 Analysis – Fundamental Patents
Topic: F3 Analysis – Fundamental Patents
F3 Analysis is an award-winning solution from Sagacious IP for Patent Portfolio Optimization.
Effective patent portfolio management is the key to leveraging inventions to increase business value. Patent portfolios are normally full of high-value patents which help companies to unlock a new revenue stream and establish themselves as market leaders.
The F3 Analysis model helps companies categorize their patents into three major categories:
- Fundamental Patents (applicable to their current products or infringed by competitors).
- Future Patents (patents that may find application in their or competitors’ upcoming products).
- Fringe Patents (Irrelevant to their or competitors’ products but potentially revenue generating/ saving assets).
The concept of F3 Analysis originated with the intention of maximizing value from the patent portfolio of an organization. The patent portfolio analyzed using F3 Analysis can provide various benefits for the organization’s business. It helps an organization to gain insights into its patent portfolio by giving an accurate picture of its invaluable, prospective, and dispensable patent assets. This helps the organization to take the decisions regarding the patents worth maintaining, the ones meant to be sold out or out licensed and the ones to be dispensed. Timely analysis of patent portfolio provided by F3 Analysis can provide huge value to businesses. The F3 Analysis model is currently deployed in U.S., European, Japanese, Korean, and Chinese companies with over 100,000 patents across the globe.
Fundamental Patents (F3 Analysis)
Generally fundamental patents are the ones which:
- Cover the features of your own products and/or
- Cover the features of your competitor’s products
Any patents that cover your own products would have a high potential to cover your competitors as well. Further to identify the patents, the competitors can be divided into different tiers:
- Tier 1 Competitors: Direct competitors of your company
- Tier 2: Direct competitors of your component providers
- Tier 3: Companies that offer similar services and products but are smaller in size
A patent categorized as Fundamental Patent would help in:
- Cross Licensing Negotiation
- Litigation Readiness
Cross Licensing (F3 Analysis)
Cross-licensing patents would enable you to include innovations from others to compliment your products. Knowledge of eligible patents for licensing, and prior identification of patents on which the cross licensor might infringe can give an upper hand during the negotiations.
Advantages of Cross-Licensing
- Ensures mutual sharing of technology to improve products
- Lowers product development costs
- Boosts the development of the industry by creating IP sharing networks
- Reduces transaction costs
- Provides guarantee against upcoming patentable inventions
- Helps to avoid cumbersome litigation involving infringement claims
Being litigation ready using your fundamental patents. Stop your competition from copying you.
Advantage of Readiness:
- Stop competition from copying you from Day 1
- Establish yourself as the only provider of patented features
– Arshjot Gill, Manager – ICT Licensing and Rachita Goel, Asst. Manager – ICT Licensing