The State of Quality Patents in GREENTECH
*The first filing countries (priority countries) of the GREEN100™ Patent Portfolio have been considered to generate the above illustration. The illustration highlights percentage distribution of patent families among research countries.
*The Y02+ and Y04S+ sub-classifications of GREEN100™ Patent Portfolio have been studied to define the industry nomenclature and derive the above insights. The illustration highlights the percentage distribution of patent families among various industry areas.
ICT is ranked 4th most prominent industry area targeted by the GREEN100™ Organizations.
However, if High Quality Patent Portfolio of GREEN100™ organizations is considered,
ICT sector becomes top contributor with 23.76% share.
Companies like DEXCOM, DEKA have less than 100 patents in their Green Patent Portfolio.
However, the high percentage of Quality patents in their portfolio have resulted in them being ranked in the top 100
GlaxoSmithKline is a company with Average Geographical Spread of more than 20.
Transportation – Motor Vehicles and Parts is the next most targeted industry with 24.75% share with GREEN100™ Impact areas
All the organizations with share in Green Patent Portfolio, have been evaluated using an assessment framework that relies on multiple parameters indicative of three key components using the Sagacious Patent Portfolio Quality Mix (SPPQM) Methodology. These components are,
Commitment to Green Future
Assesses the commitment each organization is exhibiting for the Green future. The commitment is assessed based on investment they have made in research as depicted by their IP filings (Absolute Green Portfolio Size, Geographical Spread etc).
Current Impact on Green Future
Measures the current impact, they are likely to have created towards a Green future. This impact is adjudged broadly though the overall quality of their individual Green Patent Portfolio as well as number of industries/ players impacted through their patented research.
Potential of Crafting the Green Future
Determines if an organization is consistently contributing to the Green Future with a patent pipeline to lead the Green future. This is evaluated based on their Green Patent Pipeline, future potential to exclude as well as future applicability of their patented research.
Sagacious IP has been assisting its clients in determining strength and quality of large patent portfolios for many years. The Sagacious Patent Portfolio Quality Mix (SPPQM) methodology has been refined and strengthened over the years. On thousands of occasions, this methodology has been used by various mid and large size organizations in making strategic decisions such as portfolio pruning, benchmarking, licensing and/or acquisition etc. The SPPQM methodology offers flexibility to derive the outcome based on the nature of the project. For GREEN100™ Ranking, 15 distinct objective parameters have been considered to evaluate the patent portfolio’s quality. The methodology is also validated through focused deliberations with Industry experts particularly to define the scope of the research.