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Writer's picture Lalit Suryavansi

What is Patent Analytics

Updated: Jan 15



Patent analysis is an amazing tool for competitive analysis, for state of the art analysis, to check patentability of a new invention, to check infringement of existing patents, and many other tasks.

In this blog, we will explore the intricacies of patent analysis/analytics and provide valuable insights and tips for engineers and science students/graduates looking to excel in this domain. Firstly, let's understand what is a Prior Art

Prior art refers to any existing technology or knowledge that is relevant to a patent application.


Secondly, let's learn the importance of prior art searches in patent analysis.

Conducting a thorough prior art search helps in assessing the Novelty and Inventive Step of an invention---it also helps avoid encroachment of existing patents. It is essential to have a comprehensive understanding of the existing knowledge in a particular field before proceeding with the patent application process. Patent analytics, on the other hand, involves analyzing and interpreting patent data to gain insights into technological trends, competitive intelligence, and potential business opportunities. By analyzing patent data, engineers and scientists can identify emerging technologies, assess the strength of patents, and make informed decisions regarding research and development strategies. Patent analytics plays a crucial role in shaping the future of industries by providing valuable insights into market trends and technological advancements. For young engineers and science graduates looking to excel in the field of patent analysis, here are a few tips: 1. Develop a Strong Foundation: It is essential to have a solid understanding of engineering and science principles before diving into patent analysis. Refresh and strengthen your knowledge of your respective field of expertise to effectively analyze patents. 2. Familiarize Yourself with Patent Databases: There are several patent databases, some of which are free and some paid. Free databases include the United States Patent and Trademark Office (USPTO), European Patent Office (EPO), Google Patents, Indian Patent (INPASS), World Intellectual Property Organization (WIPO), and many Others. Paid databases include Orbit Intelligence, Derwent Innovation, Patseer, etc. Familiarize yourself with these databases and learn how to conduct effective and efficient searches. 3. Stay Updated with Industry Trends: The field of patent analysis is constantly evolving, with new technologies and inventions emerging every day. Stay updated with the latest industry trends and technological advancements to enhance your analysis skills. 4. Gain Practical Experience: Hands-on experience is crucial in mastering the art of patent analysis. Look for opportunities to work on real projects, such as internships that expose you to patent analysis. This will help you develop practical skills and gain exposure to different industries. 5. Network with Professionals: Building a strong network of professionals in the field of patent analysis can open doors to new opportunities and collaborations. Attend industry conferences, join professional organizations, and connect with experts in the field to expand your knowledge and career prospects.


 



The field of patent analysis/analytics has immense potential for high-paying jobs and freelancing opportunities. By honing your skills in prior art search and patent analytics, you can position yourself as a valuable asset in the engineering and science industries.

If you are excited about Prior Art Search and Patent Analytics and willing to explore career opportunities, I can train you.

  • I have developed specialized programs to crisply train with a good amount of hands-on experience in the field of prior art search and patent analytics. Let me tell you, sample prior art search and analytics tasks/assignments follow once you complete the online program, wherein I work together with my students and share feedback for their holistic learning.

  • I aim to enable my students to learn IP skills so that they are confident about the techniques essential for conducting prior art searches and patent analytics.

  • I am confident that after learning from my programs, students can rise above the FRESHER tag and apply confidently as other experienced applicants do, and easily onboard high-paying jobs (or start freelancing).

  • Not only I train you, but I’ll also assist you with job openings and setting up your freelancing.

 



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