PECM Issue 42 2020 | Page 126

SOFTWARE & SYSTEMS RESEARCH AND DEVELOPMENT MINESOFT SURVEYING THE LANDSCAPE Of the various forms of Intellectual Property (IP), patent data stands out as the container of over 70% of the world’s scientific knowledge. This invaluable tool can arm a corporation’s R&D team with the knowledge needed to develop their innovations. Patent collections are largely the only source for the core ideas that go on to influence industry and aid technological advancement; a great number of processes and inventions described in patent literature are not disclosed elsewhere. Analysing large amounts of patent information can reveal relationships and trends that would be difficult to discern when working on a patent-by-patent basis. A powerful analytics platform, included in PatBase and compatible with PatBase Express, allows users to visualise market trends, avoid infringement, identify potential business partners and capitalise on licensing opportunities. The Minesoft user community includes R&D engineers, legal operatives, associated internal and external counsel and C-suite executives. This has grown as more businesses recognise that patent data is a critical component to address throughout the company, from the start of a new project to the launch of a product. PatBase and PatBase Express allow the seamless creation of everything from board-level presentations to detailed landscape reports. PatBase, co-developed by Minesoft and RWS, collates all the information and publications for a single invention into one place. This reduces duplication of results and work. With PatBase, Minesoft prioritises clarity of information by ensuring that detailed results, images and technical drawings are viewable from a single page. PatBase has 130+ million patent and related documents from 106 countries (updated weekly), organised into 65+ million patent families. With data drawn from around the world, including non-Latin data, PatBase provides access to one of the most comprehensive and high-quality collections of patent data in the industry. Patents are a rich and unique source of legal, business and technical information, a vital company asset and the backbone of scientific and technological advancements. Minesoft is dedicated to supplying R&D departments everywhere with this source of knowledge. As the number of user types within the IP field broadens, the need for flexibility and ease of use of search and analysis tools becomes a greater priority. Seeing this gap in the market, Minesoft developed PatBase Express. With the same high quality and comprehensive data as PatBase, PatBase Express includes a range of features that make patent search and analysis more accessible for a variety of professionals. Companies can acquire unlimited department-wide access to PatBase Express. This easy to use interface helps many R&D departments to make Buy vs Build decisions, understand technology trends and gain actionable competitive intelligence. 126 PECM Issue 42 Identify whitespaces and avoid overcrowded areas. For example, this landscape shows the top technology areas in 2017. Citation networks can be used to identify competitors’ moving into your space or to spot hot technology areas Don’t be left behind; sign up to your free trial today at www.discoverpatents.net.