Technical Monitoring
Why Monitoring and Alert services?
Provide timely updates about new technologies coming in the domain
Regular updates of the IP, help in predicting the strategies
Constant updates of IP for a particular technology, for being updated about new inventions/ entrants in the domain
Regular updates on market activities, for identifying monetization opportunities
Why Us?
- Watching technical areas for any new filings and segregating publications based on smaller technical areas or by any applicants
- Covering Technology areas via multiple strategies, combining keywords, IPC / CPC, assignee/inventor, spider search strategies
- Filtering patents on the basis of manual/AI-based screening of results
- Extracting insights from monitoring activity to timely track any new business opportunities, mega / disruptive trends, new entrants / M&A opportunities, any cross-over with other business areas and possible threats
- Expertise in setting up monitoring including Specialized searches based on Bio-sequence & chemical structures
- Covering market activities in the technology area including M&As, product launches, exhibition & conference activities
- Team of 500+ techno-legal experts covering technical areas including Life Sciences, Engineering and ICT
- Team can handle disclosures and reporting in 16+ languages
- Covering 100+ geographies in multiple technology areas covered via 10+ Specialized Databases
Technology Capabilities:
Who Might Need this Service?
IP Counselors
R&D Managers
Attorney
Strategy makers
Case Studies
Client:
The client is a prominent leader in Medical Devices, headquartered in Europe. Their products contribute to the healthcare industry globally.
Problem:
The client wanted improvisation in a few of their existing products and seeking new technology to address specific challenges during implementation. They were interested to monitor patents, scientific publications and the latest news relevant to their technology of interest. The client also wanted to study products present in the market and in pipeline. They wanted a comprehensive State of Art analysis of the complete technical updates occurring in their area of interest, including detailed analysis.
Solution:
Search Objective:
To identify any patent, non-patent and product references related to specific technology of interest.
Searches:
Performing preliminary research to gain an overview of the technology landscape and understanding of the domain. This involves preparing search strategy using various Term Sets and Classes to capture patents, articles, products and news. This included determining citations, and major players in the domain (from both patent and secondary market searches). Further updating searches to add relevant information determined during preliminary searches.
Analysis:
- Developing Relevance criteria based on the technology of interest and shortlisting references accordingly.
- Preparing detailed taxonomy from the identified relevant information from patent/non-patent and market sources and bucketing details from relevant references in the taxonomy headers and sub-headers.
- Categorizing into various relevance sub-categories references identified as secondary and tertiary according to the Relevance Criteria.
- Identifying the latest updates from market information including news, incubation of new technology etc.
- Preparing a report complete with analysis and bibliographic information (with legal status details of the patents) and sharing the deliverable with the client. (Deliverable 1)
- Monitoring newly published patent/non-patent/product references quarterly as technical updates with the client (Deliverables shared for a span of 30 months)
Outcome:
Impact:
According to the search and analysis shared by Sagacious, the client was able to determine technology upgrades in upcoming products by some emerging players in the domain; and further requested Sagacious to refine the search scope to those specific technical upgrades. They were further able to determine implementation of specific improvements in their technology and collaborate with inventors working on that.
Project Duration:
Time for quarterly technical updates: 30-34 hours/update – involving 1 analyst and 1 project manager
Client:
The client is one of the leaders in biotech therapeutics worldwide with major IP and market shares worldwide. Headquartered in the US, the company engages with innovators in medicine, immunology and pharmaceuticals etc. globally and is functional in engineering therapeutics for a range of medical conditions
Problem:
The client required a detailed study and timely monitoring of patent portfolios of their competitors to determine areas of opportunities and competition. The client was further interested in identifying lifespan of the competitors’ portfolio for specific technologies to design around in furtherance to their R&D strategy. Overall, the client wanted technical and legal monitoring regarding the portfolios of their interest to advance their business strategy
Solution:
Search Objective:
To identify any patent references that affect the clearance of the Client’s product/technology in various jurisdictions. Further, to determine legal updates in the portfolios of relevant patents.
Searching Included:
Preparing search strategy using various Term Sets and Classes to capture patents filed in last 20 years. Identifying major players in the domain and formulating searches to capture the most relevant patents assigned to these players. Further updating searches to add relevant information determined during preliminary searches
Analysis:
- Determining relevance criteria based on the client’s technology/product disclosed in the identified documents.
- Screening patents based on the relevance criteria and further categorizing shortlisted patents in various categories according to the criteria.
- Analyzing the most relevant patents (five members per patent family) by mapping them under a detailed taxonomy underlying key concepts of the client’s technology/product. Further identifying information from the relevant results and adding to the taxonomy.
- Preparing a report complete with analysis and bibliographic information highlighting legal status details of the patents and sharing the deliverable with the client. (Deliverable 1)
- Monitoring newly published patent families and newly published members of the analyzed families. Sharing monthly legal status updates and quarterly technical updates with the client (Deliverables shared for a span of 24 months)
Outcome:
Impact:
According to the search and analysis shared by Sagacious, the client was able to assess the competitors’ most recent technology, legal status and lifespan of the patent pool for deciding course of action for their business strategy. The client was able to identify possibilities of collaboration with few of the competitors and extend their business segment in diagnostics.
Project Duration:
Time for quarterly technical updates: 24-28 hours/update – involving 1 analyst and 1 project manager.
Time for monthly legal monitoring: 4 hours/update– involving 1 paralegal support and 1 project manager
FAQs
Technical monitoring involves keeping a regular watch on new patent/non-patent literature published in a particular technical area.
Technical monitoring is conducted to stay updated about new inventions filed in the domain, new products launched in the domain, and also see how the trends in the industry moving. Besides, such monitoring can also be done to keep a watch on competitors’ activity and to know about the new entrants in the domain.
Technical monitoring generally costs approx. $1300-$1500 for monitoring a domain annually.