Improve your R&D and innovation performance through deep knowledge of technologies, competitors and partners using LexisNexis® PatentSight®.
Stay ahead of the innovation curve
Your R&D department is tasked with optimizing and expanding product portfolios and breaking through existing business models in unconventional ways to keep up with the rapid pace of innovation.
Patent information is the most comprehensive record of inventions and serves as an early indicator of how technologies are evolving, often many years before these technologies yield actual business impact. Patents provide a head start, buying you time to react.
Enable data-backed innovation strategy
Turn comprehensive patent data into information that is easy to capture through intelligent visualizations. This enables you to keep an eye on your competitive environment, competitors’ strategies, and new entrants into your competitive sphere.
PatentSight can help you discover new technology areas that build on your existing patent strategy. Identify new industries where your proprietary knowledge is used to enter completely new development areas unrelated to your core business. This may create unprecedented opportunities for you to generate revenue based on your existing technologies with completely new products offered in new markets.
Support pioneering work with unique market and technology knowledge
Patent analyses with PatentSight® provide comprehensive overviews of relevant technology areas and help identify new growth fields. Keep track of known and emerging competitors and their strategies.
Use patent analytics to enhance and accelerate innovation
Gain a comprehensive overview of innovation landscapes
Identify growth areas
Monitor the actions taking place in your competitive environment
More use cases enabled by patent analytics
Become more effective at managing your patent portfolio, identify worldwide relevant patents and technology trends, assess the competitive landscape, find partners and licensing opportunities.
Base decision-making on true patent portfolio strength and quality indicators, while relying on industry proven KPIs to track your competitors’ progress.
Answer key questions to define international patent filing strategy, increase portfolio efficiency and identify competitive strengths and weaknesses.
Identify disruptive innovations and promising startups with patent analytics to help you gain a competitive edge.
Stay one step ahead of your competition, disruptive technologies, important patent activity in China, and/or NPE threats. Efficiently assess the value or risk of acquisition targets.
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