Summary
This post details how a leading automotive company addressed challenges related to identifying and leveraging intellectual property within its organisation. The company sought assistance due to dissatisfaction with previous patent services and a lack of direction in patent portfolio development. Through a structured IP audit, technology landscape analysis, and invention disclosure exercises, significant value was added to the company’s IP assets. The intervention led to the discovery and classification of valuable IP, implementation of effective processes, and strategic patent application filings. The result is a more focused and strategically aligned IP portfolio supporting ongoing R and D efforts.
Nature of the Company: Leading Automotive Company
Why they approached us:
- Were facing difficulty in identifying and uncovering potential IP within the organization.
- Lacked direction in patent portfolio development in the past.
- Unhappy with the quality of patents provided by previous service provider
What did we do:
- Performed a comprehensive IP audit/ Mining exercise through document review, interviews and extrinsic/intrinsic research.
- Performed technology landscape and identified white spaces to help the R and D department reorganize their portfolio and channelize their research efforts.
- Invention disclosure exercise and patentability analysis and patent drafting was taken up by our team comprising of members having strong technology and patent expertise.
Impact:
- Uncovered IP, created inventory and classified based on value of the IP to the company.
- Helped the company establish and process/Mechanism to uncover IP effectively and efficiently in the future.
- Analyzed 300 inventions to determine their value to the company and filed more than 100 applications with high and medium value to the company.
- Company’s IP portfolio now has direction and has a clear emphasis from strategic investments in R and D to IP filings.