R&D and Innovation
Accelerate and enhance your research with patent intelligence
Expand your R&D investigations into new technologies from competitors and beyond with the industry-trusted KPIs of LexisNexis® PatentSight®
How Can Patents Help With Research and Development?
R&D and innovation are the lifeblood of any technology company, driving breakthroughs that disrupt the market. By leveraging up-to-date patent data to garner intelligence around the competitive landscape, R&D teams can streamline their research, identify technologies to converge for novel inventions, and accelerate time-to-market.
Getting Ahead of Developments
R&D teams can leverage patent analytics and intelligence to identify emerging trends and determine the most valuable research paths for successful innovation outcomes.
For example, patent data uncovered Apple’s intention to enter the wristwatch market years ahead of the Apple Watch’s launch.
Are you asking yourself these questions?
How do I generate innovative ideas more quickly?
Can I leverage IP information more easily?
What are the best ways to foster convergence and interdisciplinary research in my work?
How to bring new innovations to the market
How can LexisNexis PatentSight+ help you with R&D and innovation?
Data Quality
& Coverage
To address the challenges with patent data quality, including incomplete owner information and ambiguous legal status.
Get more accurate insights by incorporating multiple data types that have been rigorously cleansed, quality checked and enriched.
Actionable
Insights
To more efficiently navigate the complexities of IP and move beyond tactical management of patent portfolios.
Increase depth and speed to insights through powerful AI-driven analytical capabilities and proprietary metrics.
Impactful Visualizations & Communication Tools
To eliminate the perception of IP as a cost center and better communicate its value to the business.
Optimize workflows, boost efficiency, and elevate IP awareness and storytelling through powerful visualization tools.
LexisNexis PatentSight+ enables high-value strategic decisions and is used in 100s of patent-owning organizations.
FAQs
How can I quickly understand the technology area I’m working in?
Generate instant patent landscapes with as little as one word to explore your technology space in minutes with TechDiscovery.
Where can I find new ideas for technologies, including convergence opportunities?
Explore patents across industries and disciplines to uncover connections between unrelated technologies. These insights can spark inspiration, reveal existing developments, and identify opportunities for technological convergence.
How can I spot gaps in the market?
Leverage patent analytics to quickly identify underexplored areas or market gaps, allowing you to address them before your competitors.
How can I accelerate my time to market?
Perform efficient novel searches by generating instant patent landscapes. Quickly gain insights into your technology space without waiting for your IP team, helping you stay ahead in the innovation race.
How can I identify global trends?
Access a global patent database to evaluate international trends and market potential, ensuring your R&D strategy remains competitive on a worldwide scale.
Enhance your R&D and innovation processes now
Book a meeting with the team to learn how to profit from sound patent analysis.
We would love to get to know you and show you some invaluable insights into the IP landscape:
- Let’s have a conversation about your current priorities in IP analytics.
- Get an external view of your portfolio.
- Learn how others see you and survey other market players from a new perspective.
Submit the form, and we’ll be in touch.
More use cases enabled by patent analytics
Become more effective at managing your patent portfolio, identify worldwide relevant patents and technology trends, assess the competitive landscape, find partners and licensing opportunities.
Competitive
intelligence
Portfolio optimization
Technology scouting
Risk assessment
Licensing & monetization
Sustainable innovation
Customer Stories
The Importance of Competitive Intelligence in Disruptive Technology Environments
Discover how Merck KGaA utilizes LexisNexis® PatentSight® to measure and disclose the sustainability impact of its intellectual property by aligning its core business activities with the United Nations’ Sustainable Development Goals.
Early Identification of Disruptive Players With Advanced Patent Analytics
Can advanced patent analytics make it possible to spot disruptive trends early on, to prepare or even capitalize on the market shift?
Rewarding Innovation
Hear from Ann Chaplin (Qualcomm) on how strong IP rights foster innovation globally, plus the need for balanced regulation and increased diversity in inventors.
How an Entrepreneurial Law Firm Maintains Its Competitive Edge Using Patent Prosecution Analytics
Read how the LexisNexis PatentAdvisor®️ solution is allowing an entrepreneurial law firm to increase transparency, set expectations and win more clients.
Which Companies Have True Innovative Strength?
Download Innovation Momentum 2024: The Global Top 100 to find out! Using our proprietary patent quality metrics to look at the global patent landscape we list out the Top 100 innovators worldwide. Read the full report to discover which companies are at the forefront of innovation, driving future technologies.