PatentSight is proud to announce that our patent analytics software is now a patent protected Intellectual Property. In August, 2019, the USPTO officially granted Nils Omland, our founder and CEO, with a patent for the PatentSight Business Intelligence software solution. Back in 2018, when LexisNexis® acquired PatentSight, this patent was still undergoing review. The granting of this patent makes our SaaS offering, officially, one of its kind.
Having seen in all of our previous blog posts on e-Mobility that more information is always better than little information, let’s take a look at the Top 20 patent owners in e-Mobility based on the distribution of ‘In force’ and ‘Pending’ patents within their 'Active' portfolio in e-Mobility technologies. Our previous post in this series discussed how these players ranked, in terms of their ‘Active’ patent portfolio in this technology. This week, we emphasize the importance of accurate legal status information, by differentiating Active patents into ‘In force’ and ‘Pending’.
In September 2016, the German drugs and chemicals group Bayer announced its intention to acquire the multinational Monsanto, known for its Roundup herbicide and GMOs. This merger would produce the world’s most powerful company in the seed and pesticide industry. On 21 March 2018 the EU commission released a Press Release announcing their approval of the acquisition of Monsanto by Bayer. The merger was approved on the conditional divestiture of an extensive remedy package, which addresses the parties' overlaps in seeds, pesticides and digital agriculture. It is for determining such inconspicuous aspects of a merger, like technology overlap, that the EU commission relied on the LexisNexis® PatentSight® database and our award-winning Business Intelligence software solution.
From recent news reports it became clear that China accounts for almost 90% of the world’s production and supply of the so-called Rare Earth Elements (REE). These are a group of 17 elements that are not commonly found in the earth's surface. For e.g. Scandium, one of the rare earth elements, is heavily used in manufacturing parts for the aerospace industry. Similarly, these elements have varied and extremely specific uses, for which, at least for the time-being, no viable substitutes can be sourced. We used our excellent patent database and scientifically proven metrics to analyze the current situation around rare earth elements from a patent quality point of view to identify possible opportunities and threats in this business.
Having already discussed about a bird’s eye view of the technology field of e-Mobility and having understood why accurate ownership information is important when conducting patent analytics, we now want to show you how precise and up-to-date legal status information of the patents being analysed is important to get a transparent view of any competitive technology landscape. In this blogpost, we compare the same Top 20 companies from the previous post in this series, only this time we consider the legal status of the patents owned by them.
The payment card industry (PCI) encompasses organizations and institutions that store, process and transmit cardholder data, with major brands such as American Express, Mastercard Inc, Visa Inc and others. In this blog post, we provide insights into the competitive environment of the PCI with a focus on American Express, with regard to patent holdings. Using our industry-proven, scientifically validated Patent Asset Index™, we find that the company has fallen behind its competitors despite a constant patent portfolio development.
Last week, we kicked off our Automotive Industry updates with a bird’s eye view of the technology field of E-mobility, focusing mainly on the portfolio development in this field over the last few decades. This week, in E-mobility updates, the LexisNexis® PatentSight® team brings you a comparative view of the top 20 patent owners in the field, with a twist.
Since 2010 Amazon has grown its patent portfolio from less than 1,000 active patents in 2010 to nearly 10,000 in 2019, a ten-fold increase in less than a decade.
Amazon heavily cites Microsoft, IBM, and Alphabet, with 39%, 32% and 28% of Amazon’s total Patent Asset Index
Amazon’s patent portfolio is dominated by Cloud Computing, with the majority of the patents contributing to AWS’ current and future services roadmap. AWS achieved 41% year-over-year revenue growth in the latest fiscal quarter, reaching $7.6B in revenue.
"The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time."
- Henry Ford
E-mobility is unquestionably on the rise. As patent analysis experts, we have seen this trend in the absolute and qualitative increase in patenting in this technology class (IPC & CPC – B60L). According to a recent study by the International Energy Agency, global electric car sales witnessed an astonishing 40% year on year growth in 2018. If this growth is maintained, it is not long before conventional combustion engine cars become a thing in the past like steam powered vehicles. In this context, Automotive OEM's need to ensure they have all the right information regarding this technology to be better prepared to face these changing times. Read on, to know how clean patent data and accurate analytics can provide the necessary insights to your strategic decision making process.
“Our competitors no longer just make cars. Companies like Google, Apple and even Facebook are what I think about at night.”
While the Automotive industry is no stranger to partnerships between rivals, a recent tide of partnerships to develop Autonomous driving has been raising interest and a lot of questions regarding the fruitfulness of such "tie-ups". Major players like Daimler and BMW, VW and Ford, Renault and Fiat have already formed or are in the process of forming strategic partnerships to develop technologies in the field of “Autonomous Driving”. All these proposed ventures will shape the face of mobility in the future. It is therefore important for the parties in it to ensure that they are forming the right alliances. But how to go about finding out the secret strength that a prospective partner possesses? We believe and can demonstrate that patent analysis, using our award winning software and scientifically validated metrics, is an excellent method to scout for and investigate proposed strategic partnerships.