Asset Cataloging ServicesCataloging involves analyzing, evaluating and organizing a portfolio of patents and technology assets. Tynax provides a range of cataloging services to support licensing, sales, portfolio pruning and acquisition activities.
Typical ClientsOrganizations with substantial portfolios and significant investments in patents and intellectual property are the most obvious clients, however, smaller patent holders now see the benefits from cataloging their portfolios. Clients include the patent and intellectual property groups in large corporations, R&D labs, offices of technology licensing and strategic licensing groups in a variety of organizations. The larger the portfolio, the more compelling is the need for cataloging analysis but it is a valuable activity for small portfolios comprising as few as 10-20 patents.
The projects fall into three groups: cataloging the portfolios for marketing purposes, cataloging to assist the organization prioritize its patent prosecution and acquisition strategies, and cataloging to support litigation activities.
Each project involves identifying the patents owned and organizing them into a structure reflecting the nature the business. The organization can be by technology type, market type, product type--or a combination of these and other factors.
Marketing oriented projects involve discovering the key benefits of an asset and presenting this in a way that appeals to potential buyers or licensees. Corporate I.P. strategy projects involve grading and categorizing each of the assets. Litigation support projects often involve matching claims across numerous patents.
Common Questions Asked
Here are examples of some of the questions that can be answered as result of a cataloging process:
- Which patents are the most valuable to our organization today?
- Which patents will be most valuable to us when we launch our new product range?
- Which patents are the most valuable to potential acquirers?
- Which patents no longer match our product and business needs?
- What is our patent coverage in this specific technology sector?
- What claims do we have across all our patents relating to this specific technology?
- Which patents would make the best candidates to sell?
- Which patents and technologies could we license out?
- Which patents and technologies should we spin out in the form of a technology transfer?
Financial JustificationCataloging costs can be quickly recovered through revenues from the sale of unwanted patents and from licensing and technology transfer transactions. An online, database driven, catalog can also cut the cost of analyzing the portfolio in relation to licensing and other transactions.
An organized catalog of patents and intellectual property assets can also help the employees understand where the company has existing strengths and perhaps trigger new product ideas. It could also reduce the risk of reinventing the wheel--preventing teams from recreating technologies that the organization already owns.
Legal JustificationWhen organizations find themselves involved in patent litigation suits, they need quick, reliable access to the patent portfolio--often to quickly identify claims matching certain technologies. An organized catalog can help the legal team efficiently navigate through large numbers of patents and claims.
Why Tynax?Tynax has a sophisticated database-driven platform that has been developed over several years and experience of cataloging large numbers of patents and technology-related assets. The company has relationships with other software companies offering complementary patent claim cataloging systems, products and solutions.
As Tynax is connected to the marketplace, trading in patents and technologies on a daily basis, the company is ideally placed to determine the value of individual assets. A compelling advantage of working with Tynax to catalog your assets is that patents, portfolios and technologies that are made available for sale can be quickly and easily marketed by posting them on the Tynax Exchange. Through Tynax, a catalog can be efficiently converted to revenue-generating patent sale and license transactions.