Evaluating IP with Custom Ratings
Jul 21, 2017Ratings are widely used while evaluating patents and portfolios, despite there being differing views on what constitutes an ideal rating. Suffice to say that ratings are context-driven and should incorporate factors that are most relevant to the given context. Additionally, each of the factors considered, should be appropriately weighted to reflect their relative importance. Relecura has introduced a Custom Formula Builder enabling users to formulate their own custom ratings for use in their analyses. This addresses the long-standing need in IP analysis tools to provide a flexible way for users to formulate ratings, as an alternative to black-box proprietary ones. Relecura users may now formulate custom ratings specific to their context and apply them in analyses related to valuation, risk assessment and the like.
Custom Formula BuilderRelecura’s Custom Formula Builder enables the formulation of custom ratings, providing for,
- A list of patent parameters (variables) for individual patents including, 1. Single-valued variables like citation counts, claim counts, and the number of family members. 2. Multi-valued variables specified using look-up tables.
- Functions and operators to combine the above variables.
Click here to know more about how Custom Ratings work in Relecura.
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