What is patent mapping and why is it important for my business?
Patent mapping is the systematic visualization of patents aimed at revealing patterns, trends, and critical insights within a specific technology domain or industry. In the ever-evolving realm of innovation, businesses need to discern where their patented technology stands, identify potential infringement risks, discover new opportunities, and position themselves ahead of competitors. An effective “patent map” provides clarity on these aspects, enabling informed decision-making and proactive patent strategy formulation.
When should I undertake patent mapping and how?
The process involves collecting relevant patent data, analyzing its context, and presenting it in an easily comprehensible format. Whether introducing a new product, entering uncharted markets, or just evaluating the competitive landscape of your technology, the ideal time for patent mapping is when critical business decisions are on the horizon. By undertaking periodical patent mapping, you ensure that your business remains updated with the latest patent trends, uncovering potential threats or opportunities in real-time.
Harness unparalleled insights into your industry’s patent landscape. Contact us today at CDS-LUTHI to navigate your way with precision, ensuring every business move is backed by comprehensive patent intelligence.