Meeting the Challenges of Data Collection and Analysis

As a leader in patent analysis, Landon IP has expert searchers who answer complex questions on a daily basis to produce the highest quality results. If you work with patents, you know the obstacles we face: data collections are huge and unwieldy; errors in the data are rampant; and in short, nothing involving patent data is ever easy. Today, I’m going to share some of our most basic strategies for producing high-quality datasets that lead to reliable results. Read on to get an insight into these best practices.

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How to Use PatentOptimizer™ Analytics to Filter Documents and Locate Keyword Variants within a Patent Result Set

LexisNexis® PatentOptimizer™ is a patent analysis tool created by LexisNexis, and it was designed to assist patent attorneys and agents when drafting patent documents.  The PatentOptimizer™ Analytics feature may additionally be of use to patent searchers, who can load a set of up to 2000 documents into the Analytics tool and granularly filter the result set by a wide variety of criteria in order to locate very specific subsets within the broader result set.  Searchers who have narrowed their result set down to a list of hundreds of relevant documents can use the Analytics tool to locate only key documents through the filter options. The Analytics tool can also be used to generate a thesaurus on the fly for selected sets of documents and locate all variations of each term/phrase listed in the thesaurus.  This feature may be used by searchers to identify various important keywords and synonyms in a relevant result set in order to expand their search queries.  In general, PatentOptimizer Analytics offers tools that can help patent searchers either narrow their result set (through the filters) or expand their result set (through the keyword variants in the on-the-fly thesaurus).

I recently had the opportunity to watch a demonstration of PatentOptimizer™ Analytics, so continue reading for an overview of the filter and thesaurus options which can help you narrow or expand your patent search results set!

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A Patent Analysis Tool For Merging Assignee Names in TotalPatent Charts

The semantic search option on TotalPatent is a unique tool for patent searchers which I highlighted in a previous post, so today I’d like to call attention to a new TotalPatent feature created specifically for patent analysis purposes: the Merge tool. TotalPatent includes an Analytics tab where users can create charts using saved datasets from search results, folders, or document retrieval results.  Users can now normalize the fields displayed in the charts by manually combining specific data points using the Merge tool.  This tool will be useful to patent professionals performing initial analysis of a patent dataset because users can merge equivalent assignee or inventor names and therefore generate a more accurate visualization of the dataset.  The visualization and data cleaning tools on TotalPatent are very simple and are no substitute for detailed patent landscape studies. The charts created under the TotalPatent Analytics tab shouldn’t be used to make important business or legal decisions, but they will provide an initial overview on certain aspects of the dataset through a simple visualization.

Continue reading for a closer look at how to use the Merge tool on TotalPatent can be used to combine equivalent assignee names!

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Free Features of Patent Buddy, Part 2: Create a Patent Portfolio and View Top Patent Attorneys

Last time, we looked at the patent search and analysis options of the online community Patent Buddy.  Patent Buddy is a free patent search and analysis website originally created by a group of patent attorneys in 2007.  The site offers free search of US patent records after 1980, as well as search sections for patent owners, inventors, IPC classes, patent attorneys, and patent firms.  The site also includes some data visualization features, such as a breakdown of patent owners within a specific IPC class.

Registered users of Patent Buddy get the added benefit of access to the Dashboard, My Portfolio and Following sections of the website, where the user can select to receive updates related to chosen patent records, owners, inventors, and technology classes.  Patent Buddy also includes a community for registered users, who can view a directory of other members (and add their profile to the directory), join groups, and post or view job offers.  Finally, Patent Buddy has created its own lists of top-rated patent prosecutors, firms, owners, and inventors.

Continue reading to learn about these portfolio, alert, and community features of Patent Buddy!

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Free Features of Patent Buddy, Part 1: Patent Search and Analysis

Patent analysts require sophisticated tools to create detailed and customized patent landscapes for clients who need to  gain insight into a particular technology field or group of competitors.  Analysts can take their pick from a number of subscription-based patent analysis and visualization tools, but free patent analysis and visualization products are few and far between.  Even when a patent search site offers free visualization tools, the product is usually very basic.  Patexia, for example, allows users to create simple graphs based on searches of US patent documents dating back to 1974.  This tool doesn’t even reach the complexity or coverage of the patent analysis features offered in conjunction with subscription patent search systems like Thomson Innovation or TotalPatent, but the free tool is a fast and easy way to quickly visualize trends relating to a particular IPC code, country, assignee, agent, or inventor over a period of time (for US patent records). In short, free patent analysis tools may provide a useful informal overview of trends for smaller US patent datasets, but results should ultimately be taken with a grain of salt.

Bearing that in mind, I recently visited a free patent community called Patent Buddy, which offers a host of free patent search and analysis features covering US patent records after 1980.  The site also allows users to search through patent owners, inventors, agents, and technology classes, and some visualization options offer helpful insights into patent ownership trends within specific IPC classes.

After the jump, learn about all the search and analysis features available on Patent Buddy for US patent documents, patent owners, inventors, agents, and IPC classes!

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EDGAR: The SEC’s Financial Data Goldmine

What is the best way to find detailed financial data on a particular company? You can use a subscription database, such as Factiva, to view a “snapshot” of the current financial status of a company, or you can go directly to the source and view the actual documents filed with the U.S. Securities and Exchange Commission (SEC).  Patent analysts will often need background information on the financial activity of a target company or multiple companies within a particular sector, and EDGAR is an excellent resource for quickly locating financial documents filed directly by both US and non-US companies.

EDGAR (Electronic Data Gathering, Analysis, and Retrieval system) is a free database created by the U.S. Securities and Exchange Commission (SEC), and “all companies, foreign and domestic, are required to file registration statements, periodic reports, and other forms electronically through EDGAR” (according to the EDGAR homepage). The SEC website describes how the main purpose of EDGAR is to “increase the efficiency and fairness of the securities market for the benefit of investors, corporations, and the economy by accelerating the receipt, acceptance, dissemination, and analysis of time-sensitive corporate information filed with the agency.”

After the jump, learn what types of financial documents are available on EDGAR, and we’ll also do a sample search for financial documents related to a popular company!
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New Patent Analysis Tools Coming to Orbit.com

In a previous post, I listed the new features for Questel’s Orbit.com platform, which were released on April 8, 2012 for Orbit version 1.5.  New tools include legal status searching and filter, a search wizard to search in multiple languages and identify relevant concepts, multiple detachable windows, a “More Like This” option, a “My Lists” tab, new import options, and Workfile updates.  At the Patent Information User Group (PIUG) 2012 Annual Conference, Kristin Whitman attended a workshop hosted by Questel that described further updates coming to the Orbit.com platform.  The most interesting new feature described at the workshop is an IP Business Intelligence Module for the Orbit.com system, which will include patent mapping and analysis tools to be used on selected patent family data sets.  According to a Questel representative, this  statistical analysis module will be released in a beta-test version in June 2012, and a full release of the module will most likely occur in September 2012.

Read on as we explore the patent analysis tools that will be available on the new IP Business Intelligence Module for Orbit.com!
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Beyond Latent Semantic Analysis: Linguistic Genomics on M·CAM DOORS™

Professional patent analysts are always looking for new tools with unique patent data analysis and visualization features.  I recently viewed a demonstration of the “intellectual property risk management tool” M·CAM DOORS™, which utilizes a distinctive technology known as linguistic genomics to identify related prior art and displays these results through interactive visualizations.  I had the opportunity to speak with the creator of the linguistic genomics technology, CEO Dr. David E. Martin of M·CAM, Inc., and he explained how linguistic genomics is an analytical technology that has evolved beyond keyword searching and latent semantic analysis, due to it’s ability to analyze unstructured data systems and identify multiple perspectives regarding the target simultaneously.

Read on to learn how linguistic genomics can be used to locate previously unidentified prior art, and see a few of the visualizations and data sets produced using the linguistic genomics technology on M·CAM DOORS Version 7.

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The Next Generation of WIPS Global: WIPS Global ADVANCED – Part 2

The WIPS Global Intellogist Report has been fully updated, and the big news is that a new system, WIPS Global ADVANCED, will be replacing WIPS Global version 4 by March 2013.  Last week we looked at the patent coverage and search features on WIPS Global ADVANCED, including the integrated search forms, step search options, and the new family, citation, and company search forms.  Now, let’s explore the result display and analysis features for the system, such as an Easy Viewer option to quickly scroll through search results and the SmartAngle analysis tool for analyzing collections of results.

Read on to learn about the analysis and viewing features of WIPS Global ADVANCED, and I’ll summarize what I felt were the main strengths and weaknesses of the system!

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The Next Generation of WIPS Global: WIPS Global ADVANCED – Part 1

Hot on the heels of the updated Inspec Intellogist Report, we now have a fully updated WIPS Global Intellogist Report.  WIPS Global hasn’t seen too many changes since 2009, but some recent updates include:

  • The latest version of ThinKlear Beta 0.1.1.0 became available on the WIPS Global website in February 2009.  This version only incorporated minimal changes, however.
  • According to an informational pamphlet titled “WIPS Introduction,” WIPS obtained an ISO 27001 security certification in 2010.
  • All full document images on WIPS were replaced with PDF files in January 2011.  The PIView program is no longer needed to review patent images on WIPS Global.
The biggest update, however, is that the current version of WIPS Global 4.0 will soon be retired, and a new system called WIPS Global ADVANCED will be taking its place!  The service was launched on February 1, 2012, and WIPS Global ADVANCED will completely replace WIPS 4.0 by March 31, 2013.
After the jump, we’ll look at the patent coverage and search options available on WIPS Global ADVANCED!

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