Chasing Innovation ‘Unicorns’

Volvo Cars' Electrified Future

August 26, 2020

In this webinar, patent data from patents belonging to the technology field of  autonomous driving were studied and analyzed in order to explain – why Amazon decided to acquire Zoox, and its innovation, for approx. $1.2 billion! Apart from that our presenters also discussed other unicorn companies in this field that would make for great acquisition targets.

Since it is a common practice to file for patents much (at least 1-2 years) ahead of actual product roll-out, analysing patent data can help us in finding the crémé de la crémé of innovation leaders. Be it a small, obscure/unheard of company (like Zoox Inc.) that was only a fledgling start-up until a few years ago, or an established automotive OEM (like Volvo cars) that have made revolutionary advances into a new technology, to generate a viable return on innovation investment on their research expenses they have to file for patents to protect their rights . 

Using the LexisNexis® PatentSight® proven metrics, the presenters examine and discuss: 

  • An overview analysis of the autonomous driving patent landscape
  • A comparison of selected automotive OEMs and their portfolio in autonomous driving
  • A break-down analysis of Zoox’s patent portfolio in autonomous driving
  • The specifics of Amazon’s patent portfolio in autonomous driving before and after the acquisition
  • Implications for the automotive industry and other autonomous driving unicorns like Zoox Inc.

Read 6 Key Insights From Patent Analytics to Help Us Understand Why Amazon Bought Zoox to learn more.

Provide actionable insights to support strategic decision-making

Effectively communicate the value of your IP with powerful insights and visualizations, enabling you to turn your patent department into a strategic consulting unit.

Taking patent analytics out of the ‘black box’

With LexisNexis® Intellectual Property Solutions, you benefit from a highly transparent scientific approach to patent data analysis. Forget opaque algorithms and analytics ‘black boxes’, we can show you exactly how we reached at our insights. Patent analytics solution, PatentSight®, is built on the foundation of ground-breaking validated research, which is often cited in leading scientific publications.

Brought together in the patent value indicator, the Patent Asset Index™, this objective approach to assessing patent quality and benchmarking patent portfolios has become a de facto standard in measuring portfolio strength.

High-quality data: a prerequisite for reliable patent analysis

LexisNexis Intellectual Property Solutions validates and quality-assures patent data by assigning patents to their accurate commercial owners and verifying their legal validity and remaining lifetime.

Superior datasets allow you to unveil valuable patent insights and see clearly who wields commercial power over the inventions that underpin promising patents.

Patent analyses conducted with PatentSight have proven to be more reliable than analyses based on unprocessed patent data.

Was this post helpful?