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 that are full of high-value patents not only unlock a new revenue stream, but also help companies establish as market leaders.
The F3 Analysis model helps companies categorize their patents into three major categories:
- Fundamental Patents (used in their current products or infringed by their competitors).
- Future Patents (patents that may be used in future products by them or their competitors).
- Fringe Patents (not directly relevant to them or their competitors and can be monetized to generate revenue or abandoned to save IP budget).
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 organization to gain insights into its patent portfolio by giving an accurate picture of the most valuable, least valuable, and invaluable patents maintained by it. This helps the organization to take the decisions regarding which patents are worth maintaining, which are ones meant to be sold or out-licensed and which should be pruned. Timely analysis of patent portfolio provided by F3 Analysis can provide huge value to business. The F3 Analysis model is currently deployed in U.S., European, Japanese, Korean, and Chinese companies with over 100,000 patents across the globe.
The basic methodology for F3 Analysis :
Once a patent is categorized as Fundamental, Future, or Fringe you can choose a corresponding action in order to generate value out of those patents, and also give an indication of the strength of the patent portfolio. Generally, more the number of fundamental patents, stronger would be the patent portfolio.
A patent categorized as Fundamental Patent would help in:
A patent categorized as Future Patent would help in:
- Making more Fundamental Patents by doing a Directed Prosecution
- If the features covered by Future Patent are not available in the market currently, these patents would also help you protect your inventions from Day 1, by stopping your competitors from coming up with similar features
A patent categorized as Fringe Patent would help in:
- Generating money by selling these patents as part of a package
- Saving money in terms of maintenance fee for patents which could not be sold
See other pages for details:
– Arshjot Gill, Manager – ICT Licensing and Rachita Goel, Asst. Manager – ICT Licensing