IntelliSort - Innography

Implement Your Own Classification System with IntelliSort

Innography's IntelliSort provides IP professionals a more efficient and accurate means to automatically classify and sort large sets of patents into categories for use in making strategic corporate decisions on matters such as mergers and acquisitions, licensing and litigation.

In today's business environment where IP licensing and even IP litigation can provide substantial revenue streams, it is crucial that organizations have a complete understanding of their industry's intellectual property landscape to stay competitive. Patents can clearly present major opportunities for an organization as well as pose potential problems.

For organizations to fully understand the competitive IP landscape, they must be able to categorize the overwhelming number of relevant patents into a usable and manageable set of categories, which can then be analyzed and utilized to make business decisions. To do this, though, requires expert manual review of tens of thousands of patents, which is time intensive, expensive and error-prone.

IntelliSort Solution

Innography's IntelliSort addresses this issue by enabling IP professionals to sort and categorize large sets of patents quickly and without human intervention. IntelliSort works as a patent classifier in which an IP professional identifies key categories that a particular set of patents may fit into based on what makes sense for their business – a common practice that companies use rather than classifying patents by US or IP classification codes. IntelliSort streamlines an organization's processes with a low-cost, customizable solution that enables them to categorize IP data in a way that suits their business objectives and makes them smarter in dealing with strategic decisions.

IntelliSort learns from examples of how users organize their patents into categories through a structured training process. After IntelliSort has been trained, it applies those same categories to the larger set of patents automatically. It saves the time and expense of manually reading and classifying patents by categorizing hundreds of patents per minute and eliminating the bias inherent in manual patent reviews. With IntelliSort, IP professionals can quickly and easily:

• Map patents to internal product lines or competitive products
• Broadly classify portfolios by technology area
• Map competitive patent portfolios to a specific business
• Benchmark portfolios against an industry that is meaningful to business objectives
• Implement individualized best practices to identify new avenues to increase business
• Maintain a complete vision of an organization's industry landscape
  

Beneficial Uses of IntelliSort

Innography's IntelliSort can be utilized by IP professionals for a multitude of purposes including:

Portfolio Acquisition

• Automatically recommend portfolios of interest based on historical acquisitions
• Create internal workflows to automatically assign patent portfolios to experts for review
• Identify highly important patents such as those related to certain standards
  

Monetization and Licensing

• Locate similar portfolios to identify potential licensing candidates
• Train a classifier to learn a specific company's products or technologies
• Create industry or technology specific categories for market segmentation
• Classify the patents in a portfolio according to which companies or products they map most closely

Competitive Benchmarking

• Benchmark one's portfolio versus the industry using meaningful technology categories
• Break down competitors' portfolios that align most closely with individual products or patents

Mergers and Acquisitions

• Easily view acquired company's portfolio using internal categories
• Accurately decide which patents should stay and which should be sold when divesting or breaking up a company

Portfolio Management and Maintenance

• Classify patents by product, platform or strategic initiative
• Use in maintenance decisions