Patent Competitive Intelligence by U.S. Patent Attorney
Any business will benefit from understanding competitor, supplier, and customer product innovations within its operating markets. The field of competitive intelligence (CI) refers to the legal and systematic collection and analysis of information about the strengths, weaknesses, and future intentions of competitors. Competitive intelligence professionals routinely use a wide variety of tools and techniques to gather, analyze, and act on CI.
A Patent Portfolio Leaves a Trail
A patent portfolio leaves a trail that can be tracked by competitors. Competitive intelligence using patent data (Patent Competitive Intelligence or PCI) is an effective technique that provides a window onto the activities of competitors. PCI provides information about the intentions of competitors and aids in identifying potential partners.
Patents Indicate Future Product Releases
Patents are one of the few real indicators of future product releases. The technical details of research being carried out by your competitors may well appear first in a patent document, long before the product reaches the marketplace. It is likely that any important future development will be protected with issued patents and protected widely across many different regional areas. Thus, Patent Competitive Intelligence provides knowledge of where the competitors have been, where they currently are, and where they are going.
Detailed Patent Profiles of Your Competitors
Firms practicing systematic and advanced competitor profiling have a significant advantage. Let PriorArtSearch.com create detailed patent profiles on each of your major competitors.
Patent Competitive Intelligence can answer at least the following questions:
- What are the most recent patents and patent applications of this company?
- What patent sub-classifications correspond to the company’s latest patent filings?
- Who are its most prolific inventors?
- In what areas of technology is this company most active?
- In what countries does this company tend to seek patent protection for its invention?
- Have any of the company's patents expired or been reassigned to other companies or individuals?
- What patent applications of this company are pending at which patent office?