PatentSight+

Make High-Value Strategic Decisions with LexisNexis® PatentSight+

PatentSight+ enables core IP activities such as competitive intelligence and benchmarking, portfolio optimization and more, by bringing together highly curated and enriched datasets, cutting-edge analysis tools with streamlined workflows and powerful visualization capabilities, all within a single platform.

Enhance your decision-making with extensive data quality and coverage, gain a competitive edge with actionable insights powered by advanced AI-driven analytical capabilities, elevate your IP strategies with impactful visualizations and communication tools.

PatentSight® is quite a good match for Siemens. It allows us to track patent quality over time compared to our competition, taking changes such as acquisitions and divestitures into account. And the indices used to measure quality take into consideration differences in markets such as the U.S., Germany and China.”

Beat Weibel, Chief IP Counsel

PatentSight provides a great visualization and landscape tool showing with all the patent details. It provides insight into competitors impact and IP strategy, it is a must use tool for IP strategy development.

Silvia Szep, Ph.D., Intellectual Capital and IP Strategy Manager

PatentSight+

By harnessing highly-curated, enriched data sets and leveraging cutting-edge technologies such as artificial intelligence, natural language processing, and compelling visualizations, our powerful platform equips strategic decision-makers to not only minimize risks but also maximize the value of your intellectual property.

Offerings at a Glance

Data Quality
& Coverage

To address the challenges with patent data quality, including incomplete owner information and ambiguous legal status. 

Get more accurate insights by incorporating multiple data types that have been rigorously cleansed, quality checked and enriched.

Actionable
Insights

To more efficiently navigate the complexities of IP and move beyond tactical management of patent portfolios. 

Increase depth and speed to insights through powerful AI-driven analytical capabilities and proprietary metrics.

Impactful Visualizations & Communication Tools

To eliminate the perception of IP as a cost center and better communicate its value to the business. 

Optimize workflows, boost efficiency, and elevate IP awareness and storytelling through powerful visualization tools. 

Unique Benefits

Ownership Data

  • Save time with pre-corrected ownership data—including updates from recent M&A activity—and real-time legal status information that helps you focus your analysis on active patent families. 
  • Mitigate risk by understanding the litigation profiles of competitors and identifying non-practicing entities (NPEs) in your technology domain. 
  • Strengthen your IP strategy with point-in-time data to track changes in the technology landscape, Standard Essential Patent data to support licensing negotiations, and annuity fee insights to uncover cost-saving opportunities in your portfolio. 

Portfolio Quality

  • Assess patent portfolio quality using the Patent Asset Index—an objective measure of global technological strength and impact.
  • Enhance competitor benchmarking and portfolio optimization with advanced classification, leveraging a personalized view of your specialized technology area.
  • Conduct objective patent analyses aligned with the United Nations Sustainable Development Goals (SDGs), using unique mapping that links patents directly to global sustainability targets.

Workflow Management

  • Streamline workflow management by integrating external data from internal lists or third-party software, enabling efficient alert systems, and leveraging multi-language user interfaces and export tools. 
  • Enhance collaboration with enterprise-ready features and seamless PowerPoint exports, allowing you to share static charts and data directly with stakeholders.
  • Tell compelling IP stories with interactive, customizable charts and visualizations—powered by data analytics that uncover previously unknown insights and support analysis from the landscape level down to individual patents.

PatentSight+ Solutions

Competitive intelligence & benchmarking 

Stay ahead of the competition and disruptive technologies. 

  • Monitor and analyze competitors’ R&D strategies as well as competitive and technological landscapes. 
  • Identify emerging competitors and new entrants early. 
  • Provide proactive recommendations for strategy to top management. 

Portfolio management & optimization 

Determine your patent portfolio’s competitive strengths and weaknesses to better understand what strategies or actions are necessary to stay ahead of competition. 

  • Increase portfolio efficiencies. 
  • Define country filing strategies.
  • Manage annuity costs. 

Disruptive technology scouting

Spot upcoming competitors and disruptive innovations early on. Stay up to date on current technology trends and explore the patent landscape in any way you find insightful. 

  • Identify disruptive technologies.  
  • Reveal R&D trends. 
  • Explore complementary technologies. 

R&D and innovation

Improve your innovation performance through a deep knowledge of technologies, competitors, and partners. 

  • Gain a comprehensive overview of innovation landscapes. 
  • Identify growth areas. 
  • Monitor the actions taking place in your competitive environment. 

Sustainable innovation analytics

Get actionable insights into how sustainably focused you and your competitors are with a mapping of the global patent system to the UN Sustainable Development Goals (UN SDGs). 

  • Identify growth opportunities in emerging markets. 
  • Gain competitive advantages in future-oriented technologies. 
  • Support strategic decision making for sustainable investments. 

Risk mitigation

Successfully mitigate risks that can harm your IP department and business. Keep track of your competitors in your recent and potential technology fields and avoid: 

  • Being unaware of an up-and-coming competitor 
  • Missing out on important technological trends 
  • Threats from non-practicing entities (NPEs) 

Licensing & SEPs

Identify promising licensing opportunities that help you turn your patent department from a cost center into a profit center. Bring transparency to SEP licensing and negotiation. 

  • Find your most valuable patents for licensing. 
  • Identify potential licensees. 
  • Pinpoint standard-relevant patents. 

M&A Due Diligence

Efficiently assess the value or risk of acquisition candidates then analyze portfolios for technological fit, key patents and answers to critical IP questions.

  • Study acquisition targets’ patent portfolios
  • Analyze innovation landscapes and technological fit
  • Find key patents within portfolios

Customer Success Stories

Learn how our customers use advanced data and analytics to improve their IP outcomes.

IP Analytics & Intelligence

How a Global Science and Tech Company Assists Their Sustainability Strategy With IP

Senior Female Scientist Works with High Tech Equipment in a Modern Laboratory. Her Colleagues are Working Beside Her.
IP Analytics & Intelligence

Increasing Patent Portfolio Strength and Patent Income at Siemens

Customer Stories
IP Analytics & Intelligence

How a Consulting Firm Uses IP Landscape Analysis to Strengthen Its Clients’ Business Strategies

IP Analytics & Intelligence

Corporate Sustainability: The Global Push for Action and the IP Department’s Role

IP Analytics Reports

IP Analytics & Intelligence

Audio Codec Report

IP Analytics & Intelligence

The Endgame of Innovation

Gaming scene
IP Analytics & Intelligence

Innovation Momentum 2023

Unlock the true value of your portfolio with PatentSight+

Learn how to profit from sound patent analysis.

patentsight+ sdg

We would love to get to know you and show you some invaluable insights into the IP landscape:

  • Let’s have a conversation about your current priorities in IP analytics.
  • Get an external view of your portfolio.
  • Learn how others see you and survey other market players from a new perspective.

Submit the form, and we’ll be in touch.

Latest Updates to PatentSight+

patentsight+ fact sheet

Grab the fact sheet of PatentSight+

Access and download an informative PDF to share with team members and decision makers.