PatSnap uses domain-specific machine learning models to structure a global patent and process data service which companies can use to inform product R&D and corporate strategy decisions.
Patent conflicts and protection are only one part of any product lifecycle’s puzzle. Patsnap’s data service normalizes IP intelligence from documents and diagrams into industry-specific ontologies that companies can use to conduct feasibility analyses, track down manufacturing and resource partners, establish licensing relationships, and find highly-qualified experts in their field.
Say you are a life-sciences company with a mandate to develop a breakthrough new treatment. You would want to use PatSnap’s platform to search global patent documents for potential competitors, of course, but you would also want to compare your ideas against prior inventions of complex pharma chemical structures and DNA sequences, as well as looking through research reports and business news related to the main players in your space.
For such a novel technology category, PatSnap has plenty of inbound and outbound data tendrils and involvement with many well-known enterprises and institutions.
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