Mind Mapping for IP Portfolios

Capture, Organize, Analyze, Report

The new modules released in Relecura’s 2017 release have introduced IP Knowledge Management to the platform, an industry-first. However, there is another aspect that has gone under the radar. The three modules – the Taxonomy Builder, Portfolio Manager, and Automated Reports – have also enabled a slightly different, and in many cases, a more efficient portfolio analysis workflow, with a faster time to insight.

Context and Comparison

Enterprises with reasonably sized portfolios (say 1000 patent families or more) repeatedly do any number of the following exercises. The portfolio is typically partitioned based on different criteria – based on technologies, coverage of specific product lines, patents that can be either licensed or sold. These criteria change with time and business environment, and in turn, the categorization of the portfolio has to reflect these changes. Competitive intelligence requires that the portfolios of competitors need to be tracked and compared for relative strengths. The dynamic business environment forces the IP analyst to obtain different views of the relevant portfolios in order to compare and draw insights.

Further, subject matter experts are often called upon to work with IP analysts to lend their expertise in specific domains. They work in tandem to craft queries that accurately identify specific patents in the portfolio. These queries can be captured using the Taxonomy Builder. Over time, the various taxonomies built, form a rich knowledge base. Work done once can be reused, if required, in a future analysis without the need to craft fresh queries.

The Taxonomy Builder makes use of Artificial Intelligence (AI) to parse the portfolio as well and suggest appropriate queries to identify the patents addressing the key technologies. The taxonomies may be tweaked, modified, and reconfigured as required.

Typically, when analyzing a portfolio, the analyst would determine the makeup of the overall portfolio in terms of technologies, geographies and other parameters. Queries would be framed for each of the subsets of interest, and the relevant patents identified. This process would have to be repeated for each of the domains of interest. The same exercise would have to be undertaken on the portfolios of the competitors for the purposes of comparison.

In contrast, in Relecura’s Knowledge Management scenario, mapping a taxonomy to a portfolio, surfaces the relevant patents matching each of the nodes. This is done in the Portfolio Manager. This offers a structured hierarchical view of the portfolio with convenient drill-down. One may obtain analytics on any of the nodes of the taxonomy. Further, multiple portfolios may be stacked and comparative analytics obtained in the same manner.

Advantages over traditional portfolio analysis workflow

The description of the use of Relecura’s IP Knowledge Management modules suggests the following advantages in comparison to the more traditional portfolio analysis workflow.

  • In Relecura’s IP Knowledge Management system, the specification of patents of interest is captured upfront with the assistance of subject matter experts and AI. These may be modified and reused as required, thus saving time and effort.
  • The above is a one-time exercise. Relevant patents and analytics for each of the nodes of the taxonomy are surfaced on mapping the taxonomies to portfolios. This typically gives a faster time to insight.
  • The portfolio knowledge is represented in a hierarchical fashion. This representation in a visual hierarchical manner has parallels to mind mapping. The portfolio is visually organized. One can see the connections and relationships between the various portfolio categories, enabling a guided exploration of the complete portfolio.
  • The categories themselves are flexible and may be specified collaboratively. They may also be reused in future analyses. Taxonomies can be easily tweaked based on changing business imperatives. This makes it easy to run what-if scenarios.
  • The portfolio visualization is top-down. One can get a high-level view and analytics of the portfolio (say for top management). On the other hand, one can also drill-down to specific sub-technologies and do a more thorough analysis (for IP analysts).
  • IP analysts can switch between the visual taxonomy view of the portfolio and other powerful Relecura search and analysis features to study specific subsets in more detail.
  • Readable reports can be generated for any of the nodes, tailoring the content for the intended audience with the most essential insights.

Do contact us at support@relecura.com for a demo. We will be happy to set one up for you.

Home > Mind Mapping for IP Portfolios
A custom built AI Platform to support, generate, and manage innovation

Streamline your innovation ecosystem assimilating the latest AI capabilities for a competitive edge.

  • AI powered custom solutions for Innovation Intelligence
  • Automate competitor analysis
  • Identify emerging technologies and companies
  • Whitespace Analysis and Potential M&A Targets
  • Strategic decision making supported by real-time data

Know More

Drive growth through insights that matter

View All

Investment management

The dilemma of where when and how much to invest in the innovation space is a critical factor...

Know More

Due Diligence

M&A is a strategic process, aimed at a mutually supportive and complementary association, resulting in a synergized end...

Know More

Monetization

Innovation reaches a dead-end if it cannot be monetized if the innovator fails to trace and reach out...

Know More

Portfolio organization

Management of IP assets is costly and labor-intensive. Relecura offers classifier tools for categorizing and organizing data automatically...

Know More

AI Platform for innovation intelligence

Relecura’s forte is its flexibility and adaptability to address specific problems and close-fitting solutions. The basic problem is that innovators are often not able to identify the industrial and commercial significance of their innovation as due diligence takes long days of analyses necessitating a deviation from their regular and familiar activities. And it is a tedious iteration process. The latest custom AI capabilities help you assess the commercial value of innovation and technical due diligence can be automated to yield meaningful and immediate results. The repetitive tasks could be automated, and your time and energy could be devoted to strategic missions.

Portfolio organization

Management of large Innovation data is costly and labor intensive. Relecura offers AI Powered classification tools for categorizing and organizing data automatically and instantly. Automated Categorization against suitably chosen training documents keeps your innovation portfolio updated and lucidly classified, amenable to instant analyses.

Technology trends

Relecura offers fully automated custom AI solutions to track and explore developments in different technology areas. You can stay updated on the latest developments in different companies and technologies of your interest, which facilitates intelligent decision-making.

Competitive intelligence

Competitive intelligence is a prerequisite for strategic decision making. Relecura provides tools to track the innovation and publication dynamics of your competitors, based on which you can prioritize your innovation initiatives and thus hone up your competitive edge.

Investment Management

Relecura uses white space analysis within its product platform known as the TechTracker, an AI powered tool that provides insights on various technological trends and offers a peep into your competitor’s patent arsenal. Additionally, it helps you keep track of emerging organizations and technologies to help you manage your budgets and investments, optimally.

What our valuable customers are
saying about us?

“Relecura helps us remain innovative by allowing us to see where the competition is playing through the landscaping tools. It lets us see where there are new opportunities and helps us focus in on those areas in an intelligent way.”

 

Alex M.,
IP Manager, a Multinational Technology Corporation, US

“Ralecura helps us ride the crest of innovation wave keeping a competitive edge. It helps us identify the white spaces and where the opportunities are.”

John N.,
Director of IP at a Global Data Storage & Semiconductor Company, US

‘Our policy decisions regarding the focus areas of research and investment are being taken based on the insights offered by the custom AI tool, TechTracker, which offers a clear picture about the emerging technologies, companies, and the white spaces on the technology landscape of the key players. This helps us optimize resource utilization and maximize returns,’

Subu N.,
Innovation Manager at an Indian Conglomerate, India

‘The Classifier tool, introduced by Relecura, is indeed useful in managing and updating large datasets. After having subscribed to that AI-powered tool, inhouse big data management, and analyses have become easier and hassle-free,’

Fabian L.,
R&D, a Global Semiconductor Company, US

‘Relecura platform is fueled by the latest technologies and the tools that the platform hosts make our inhouse innovation management smooth and accurate, in addition to being synchronized with the global technology frontline,’

Viktor P.,
Innovation Strategy at a Global Consumer Product Company, South Korea
0M+
TOTAL RECORDS
0M+
ASSIGNMENT TRANSACTIONS
0+
TRUSTED USERS
0+
JURISDICTIONS

Recent Blog Posts

Make faster, better technology decisions with Relecura

May 04, 2023

Leader in the Limelight
Mar 28, 2023

Leader in the Limelight
Mar 07, 2023

Investigation of Electric Vehicle Onboard Battery Management Using Relecura

Connect with our Specialists

Our professional services offer training and support to minimise time-to-value on the Relecura platform and make more timely, confident IP decisions

Get Free Trial