With multiple reports published by many different entities on 5G, Wi-Fi or VVC leadership, it is hard to know who to believe, as there is little transparency about where the data comes from and what types of analysis were applied to retrieve the results, let alone how to try to reproduce any such analysis yourself. Most of the time, understanding standard essential patents (SEPs), standards and patents requires access to multiple databases, the valuable time of your subject matter experts, as well as both in-house and outside counsel. In the end, it can appear that you are spending far more resources on gathering the data than on gaining actionable knowledge from it to understand what it means to your business, your portfolio and your strategy. As future technologies that enable connectivity will increasingly rely on patented technology standards, IP professionals should not only consider information retrieved from patent filing data, but also analyze standardization data, such as patent declarations and standards contributions. This allows one to strategically align patent portfolios to protect innovations and proactively engage in continuous strategic portfolio development as it relates to SEP assets, for initiatives such as licensing, acquisitions and joining patent pools, or to understand the respective positions of the competition. The next technology revolution will connect everything, making it even more challenging to understand how technologies and IP rights overlap. In this regard, IP professionals need to rethink – even revolutionize – how to approach both patent and standards data, to provide business-ready insights for actionable decision making across the organization.
This report provides examples and best practice approaches about how to count and valuate SEP declarations and contribution data. The report further discusses limitations of patent declaration and standards contribution data and how to best match, normalize and refine the data. This report introduces topics of the upcoming IPlytics webinar series discussing about best-in-class practices to Unpack 5G, Wi-Fi and VVC SEPs and standards contribution data to understand who holds the leadership position for declared SEPs and how leadership has changed with ongoing standards development over time. Another upcoming IPWatchdog webinar will talk about Challenges, Benefits & Solutions for Determining Essentiality for Standard Essential Patents. Here a panel of speakers will discuss why using algorithmic-based techniques for essentiality rates and patent essentiality prediction can get us even closer to knowing what is truly essential without draining our time or our resources.
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