Smart Intangible Asset Management

Smart Intangible Asset Management 101

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Smart Intangible Asset Management 101

Smart Intangible Asset Management 101: Comprehensive Guide and Glossary

Welcome to Smart Intangible Asset Management 101. First and foremost, this guide includes a comprehensive video demo and glossary of key terms used in Smart Intangible Asset Management like Crown Jewels.

Smart Intangible Asset Management Glossary

Analytics

Starting with Analytics, this Smart Intangible Asset Management tab where you can view any other company’s Home Dashboard as if it were your own. Analytics truly elevates Smart Intangible Asset Management into an intellectual property strategy tool. While the Home Dashboard provides benchmarking against peers, the Analytics tab delves deeper. It furthermore lets users meticulously examine competitors and peer portfolios using the same metrics they see in their own portfolios. This ensures consistent valuation, ratings, quality, and validity scores that are benchmarkable, all thanks to the unified methodology behind their generation.

Certified for Monetization

Moving on to Certified for Monetization, if your issued patent is Certified for Monetization, our AI has detected that the patent meets a minimum quality threshold, and your company matches the public ownership record.

Crown Jewels

Next up, Crown Jewels are the patents that our AI identifies as the key value drivers in a company’s portfolio. This is determined by comparing the patent’s Quality and Validity scores to an absolute benchmark threshold and against similar patents in the relevant Industry.

Home Dashboard

The Home Dashboard is an interactive, dynamic, and thorough snapshot of your company’s entire patent portfolio, complete with key metrics like your overall portfolio rating and valuation, all a click away from deeper insights.

Ideas

Finally, the last subsection of the Digital Assets dashboard is Ideas. With Ideas, you can timestamp any ideas and documents securely on the blockchain, so you have an immutable product development and idea creation record. There are two different types of Idea Capture: private and strictly confidential, please review their relevant terms for more information.

Industries

The industry filter currently allows you to narrow your portfolio into 30 industries as defined by the Global Industry Classification Standard. GICS is an industry taxonomy established by MSCI and S&P to serve the global financial community. Filtering your portfolio by industry enables you to concentrate on the performance of individual business units, compare your business units, and also benchmark them against peers’ performance in the same industry.

IPwe Patent Portfolio Valuation

Additionally, IPwe Patent Portfolio Valuation provides a summary of the valuation of all the owner’s issued patents. For questions regarding our valuation methodology, reach out to us or download the white paper from the IPwe’s News page.

IPwe Patent Portfolio Valuation / Market Cap

The IPwe Patent Portfolio Valuation to Market Cap ratio is just that—a simple ratio of the owner’s IPwe Patent Portfolio Valuation to the company’s market cap. By default, we source the market cap directly from FactSet for publicly traded companies. However, you can self-report this number by updating the company valuation.

IPwe Portfolio Rating

The Portfolio Rating is an overall letter grade for the owner’s entire portfolio, based on the average per-asset rating, based on utilization. Our AI uniformly evaluates patents to create a consistent rating for each patent globally and combines these to form the Portfolio Rating, enabling pertinent comparisons within industries and against competitors and peers.

IPwe Valuation / Asset

In addition, the Average Valuation per Asset is an average valuation based on the total valuation over the number of patents in the portfolio. This average valuation is the relevant metric used for benchmarking yourself against other’s portfolios, of any size.

Other

In the event that the issued patents obtain the tag “Other,” it indicates a review by a patent expert is needed because this patent has not reached the minimum quality threshold and should be reviewed by a patent expert.

Peers

The Peers filter allows you to benchmark your portfolio metrics against others, including competitors or development partners. Our technology has analyzed the world’s corpus of active, issued patents as well as pending applications to enable this benchmarking.

To learn more about peers, view the Home Dashboard section in the above Smart Intangible Asset Management 101 video demo.

Private Idea Capture

Private Idea Capture retains the Idea’s documents in a private manner. This means your documents are stored securely but can be retrieved easily through the Smart Intangible Asset Management when required.

If you still have questions, we recommend reviewing the Idea segment of the above Smart Intangible Asset Management demo.

Quality Score

A patent’s Quality Score reflects our AI assessment of the patent’s time rank or priority date, the citations, and the claim structure of the subject patent.

SIAM

SIAM is simply the abbreviation for Smart Intangible Asset Management.

Smart Pools – Members and Founders

IPwe’s Smart Pools enable companies to share the right to license their patents while retaining IP ownership. Smart Pools make it easy for other companies, Members, to access licenses in one technology area from a single source, the Smart Pool, by paying an annual membership fee. Finally, Founders, those owners who allow their patents to be licensed by others, share the revenue generated from the membership fees.

Smart Tech Groups

Tech Groups is a feature where our generative AI smoothly organizes your patents into distinct technology areas. This presents you with Tech Groups that are easy to understand without requiring any specific IP know-how. Tech Groups bring a holistic view to your overall portfolio that anyone internally can understand better than patent lists.

Smart Transactions

Smart Transactions enables the secure listing of a patent or patent bundle for sale. You can also buy or license out or in a patent or bundle of patents.

Strictly Confidential Idea Capture

Strictly Confidential Idea Capture preserves only the idea’s title on the blockchain as a private hash token. This type of capture enhances security by refraining from uploading any proprietary data or documents. However, you can still reference data or documents from your computer through their unique document hash.

If you still have questions, we recommend reviewing the Idea segment in the above Smart Intangible Asset Management demo video.

Validity Score

The Validity Score reflects our AI’s assessment of the novelty and inventiveness of the first independent claim of the patent.

Year Filter

Lastly, the year filter allows most users to narrow the search to only 2023. If the owner became a client before 2023, then they will be exposed to 2022 data.

 

In conclusion, if you still have any queries or need more insight into any of the concepts explained above, like Crown Jewels, we recommend revisiting the Smart Intangible Asset Management 101 video demo or contacting IPwe support, support@ipwe.com.

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