Patent Strength Analysis
Numbers does makes life easier. Embeddings, that are just number representations of unstructured data, are used by advanced neural networks to solve many complex problems in Image Processing, NLP and many other areas. Lumenci provides clients with similar abilities to convert patents into numbers and assist them in making strategic decisions such as acquisition, monetization, filing decisions, based on the insights derived from these numbers. For example, Patent Strength analysis helps to segregate strong patents from weak ones. Weak ones could be sold, or their maintenance could be stopped (large savings). Strong patents could be monetized. And, if the client is on buying side, they would like to pay for the strong ones only. Quantitative analysis helps in patent evaluation in terms of their environmental threats and opportunities.