Home > IP Solutions > IP Analytics & Intelligence > LexisNexis® Classification > Custom Taxonomy Patent Custom Taxonomy See the world through your own technology lens. Find Out More How a custom taxonomy helps you Using your view of the key technologies, LexisNexis® Classification can design and build your patent custom taxonomy. No more manual reviewing and tagging of patents because we provide the ability to automatically view competitors or the entire patent landscape through the same technology lens. Talk to an expert Just no other tool than LexisNexis Classification Our issue was how to fit other companies’ portfolios into that same framework that we use and there’s just no other tool other than Classification that can do that. Bob PechmanChief Intellectual Property CounselSeagate Technology Your Custom Patent Taxonomy Design and Build Classification builds your patent taxonomy using classifiers in the framework that maps to your view of the technology landscape. It uses positive and negative training data to build Classifiers with independently-verified accuracy. Once you have your classifiers you can quickly run reports to understand any key competitor changes or new entrants or spot key technology trends. You can optimise your portfolio manage your patent budget and explore cross-licensing opportunities or portfolio monetisation options. A smooth and straightforward process The process was pretty straightforward and even simpler with the more useful data you can provide. We’ve also scoped other classifiers where we started completely from scratch, where the LexisNexis Classification had to do more work up front, but even that process went smoothly. Bob PechmanChief Intellectual Property CounselSeagate Technology The benefit of having your own custom patent taxonomy Turn Custom Taxonomies into Strategic Insights Bring your business-defined patent categories into PatentSight+ to see innovation through your own lens. Custom taxonomies created in Classification can be applied across global patent data in PatentSight+, so you can analyse, benchmark, and compare portfolios in ways that reflect your unique strategy, not just standard codes. Sector Taxonomies What could your custom patent taxonomy look like? Here are some sector taxonomies created with the Classification platform. Aerospace and Defense Technologies include air turbine starters; electromagnetics; drone flight management systems; head-mounted displays (HMDs); and virtual cockpits. Read More Med-tech and Life Sciences Strategic insight for the next generation of diagnosis and treatment for data-driven healthcare. Read More Automotive The industry standard for understanding the future of electric cars and the wider automotive industry. Read More Related Resources ML4 Patents Webinar: Universal Technology Taxonomy This webinar was originally presented under the Cipher brand. Cipher is now LexisNexis® Classification. Watch the full replay Free UTT report View a company screening of Semiconductors. Download the report A Global View of Innovation An overview of how the world’s inventions are broken down. Watch the video
