Sagacious IP’s Patent Infringement/Licensing Opportunity Monitoring service identifies the products/processes violating the patent rights where a licensing deal can take place to generate revenue for the patent owners. Monitoring these opportunities enables you to maximize the benefits from a patent or the entire patent portfolio.
The world’s largest cloud computing company based out of Seattle, US with a 20K+ portfolio size has been utilizing Sagacious IP’s monitoring services periodically for their patent related to Virtualization and Enterprise Storage Systems, Data Mining & Warehousing, Middleware / Operating Systems, Computer Networking, and Security, Database Management (RDBMS, OODBMS). They have expressed special interest in tapping new players continuously entering their operating market.
Sagacious IP conducted a pilot project for the largest electronic tool manufacturing company in Germany wherein a quick analysis of their patent portfolio was performed to identify a good patent and its use by one of their competitors. Additionally, a quick claim chart was also prepared to showcase the overlap between the claim of the identified patent and the product.
Patent infringement can be defined as the use of a patented invention without the consent of a patentee. A patentee can be an organization or an individual.
One can avoid infringing an organization’s or individual’s patent by carrying out thorough freedom to operate (FTO) searches, patent validity searches, or obtaining patent rights from the patentee.
In order to prove patent infringement, a patentee must prove that he/she owns a valid patent, furnish evidence of the alleged infringement, and also prove that the infringing process or product includes all the distinctive features of at least one independent claim.
While you should take every measure to ensure that you do not infringe on any entity’s or individual’s patent, you may take the following actions in case you are embroiled in an infringement case:
Monetizing Patents: Selling vs Licensing, Core vs Non-Core
Patent Portfolio Pruning: Realizing Immediate Cost Savings
F3 Analysis: A Solution for Strategic Optimization of Patent Portfolio
Directed Prosecution: Generating Future Value from Your Patent Portfolio