Technology Scouting

Discover critical information with our Patent Asset Index and the unique ownership data and visualization capabilities of LexisNexis® PatentSight+® patent analytics..

Apple Swatch Disruption Video

Watch as Apple conquers the Smartwatch market

Watch the video to see when and how Apple Inc. entered the wristwatch market and its path to disruption. PatentSight+ enables you to constantly keep track of any developments in any technological area.

About Technology Scouting

In today’s rapidly evolving technological landscape, staying ahead of the curve is more challenging than ever. As markets converge and new players emerge, overlooking innovations or competitors can quickly disrupt your business model.

To maintain a competitive edge, it’s crucial to stay informed about the latest technology trends and explore the patent landscape from multiple perspectives to ensure you don’t miss any critical insights. This will help you:

  • Identify breakthrough technologies.
  • Recognize emerging R&D trends.
  • Discover complementary innovations.

Are You Asking Yourself These Questions?

How can I scout up-and-coming competitors and disruptive innovations early on?

How can I spot emerging technologies and assess which ones will be winners?

How will new technologies affect our business? 

How will new technologies add to current technology areas?

Should we consider M&A to acquire emerging technologies? 

Flowchart for Technology Scouting

How can LexisNexis PatentSight+ transform your Technology Scouting?

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. 

LexisNexis PatentSight+ enables high-value strategic decisions and is used by 100s of patent owning organisations by IP and patent teams and across the organisation.

FAQs

With fast-moving technological developments impacting a range of industries, tech scouting will help you manage your patent portfolio to stay ahead of the game.

How Can I Scout Up-and-Coming Competitors and Disruptive Innovations Early On?

Being able to explore the patent landscape in a way that you define it and analyze who owns what through accurate ownership data, the trends and the quality of those patents.

How Can I Spot Emerging Technologies and Assess Which Ones Will Be Winners?

Analyze patenting trends and citation analysis to understand who likely winners are – view our Apple Watch video for just one example.

How Will New Technologies Affect Our Business?

Being able to map new technologies against your portfolio and understand the impact.

How Will New Technologies Add To Current Technology Areas?

Exploring technology landscapes through a number of different metrics to understand the impact of emerging technologies.

Should We Consider M&A to Acquire Emerging Technologies?

Assessing which patents or companies would make good partners or acquisitions to acquire new technology in a defined technology landscape. Being alerted to new players when filings happen.

Customer Success Stories

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

Customer Stories

Increasing Patent Portfolio Strength and Patent Income at Siemens

Learn how Siemens leverages LexisNexis® PatentSight® to increase their patent portfolio strength and patent income.

How a Leading Data Storage Company is Keeping Up With Patent Technology Changes

Discover how Merck KGaA utilizes LexisNexis® PatentSight® to measure and disclose the sustainability impact of its intellectual property by aligning its core business activities with the United Nations’ Sustainable Development Goals.

The Importance of Competitive Intelligence in Disruptive Technology Environments

Discover how Merck KGaA utilizes LexisNexis® PatentSight® to measure and disclose the sustainability impact of its intellectual property by aligning its core business activities with the United Nations’ Sustainable Development Goals.

A Global Energy Services Company Finds Value in AI Speed for Patent Analysis

Discover how Merck KGaA utilizes LexisNexis® PatentSight® to measure and disclose the sustainability impact of its intellectual property by aligning its core business activities with the United Nations’ Sustainable Development Goals.

Unlock the true value of your portfolio

Learn how to profit from sophisticated patent analysis.

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 on 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.

Content Spotlight

IP Blog

AI Hub

Enabling high-value strategic decisions via leading AI technologies.

Solution

TechDiscovery

Discover Patent Landscapes with as Little as One Word.

IP Blog

PatentSight+ AI-Insider Program

Register now to access the benefits of the FREE PatentSight+ AI-Insider program.

Report

Who Is Leading the Wi-Fi 6 Patent Race?

Get strategic insights into leading Wi-Fi 6 patent portfolios, helping licensors and licensees make informed IP decisions and stay competitive in the WiFi 6 market. 

Report

Innovation Momentum 2024: The Global Top 100

Download the innovation report to discover the top 100 global innovators, their patent strategies, and insights into the innovation landscape.

Press Release

LexisNexis combines best-in-class patent datasets and software solutions

LexisNexis PatentSight+ provides data-driven insights, advanced analytics, and visualization tools for IP teams.

More use cases enabled by patent analytics

Become more effective at managing your patent portfolio, identify worldwide relevant patents and technology trends, assess the competitive landscape, and find partners and licensing opportunities.

R&D and innovation

Improve innovation with a clearly defined IP strategy that is connected to the business goals and alerts for new entrants and potential partners.

Competitive
intelligence & benchmarking

Base decision-making on true patent portfolio strength and quality indicators while relying on industry-proven KPIs to track your competitors’ progress.

Portfolio optimization

Answer key questions to define international patent filing strategy, increase portfolio efficiency and identify competitive strengths and weaknesses.

Risk mitigation

Stay one step ahead of your competition, disruptive technologies, important patent activity in China, and/or NPE threats. Efficiently assess the value or risk of acquisition targets.

Licensing & monetization

With analytics on all patent portfolios in all technologies, you can both evaluate your most valuable patents for licensing and even identify potential licensees.

What is Qi

What is Qi Technology and Who are the Patent Leaders?

The Qi standard has revolutionized wireless charging by eliminating tangled cables while enhancing performance.

Our report reveals what this new technology means for the patent market.