LexisNexis PatentSight® has been named a finalist in the Best Big Data Reporting & Analytics Solution category of the 2019 SIIA CODiE Awards program.
The SIIA finalists’ page summarizes the analytics solution this way:
PatentSight is an analytics platform for strategic IP management. Companies use PatentSight to gain valuable insight into the strength, quality, and value of patent portfolios. PatentSight evaluates all worldwide patents using its scientifically developed methodology, the Patent Asset Index™. Using the index and its sub-metrics Technology Relevance™ and Market Coverage™, groundbreaking patents can be differentiated from low-value patents – a prerequisite for reliable patent analysis. PatentSight enables its clients to gain a better understanding of the competitive forces in their business environment. Patent portfolios of competitors, suppliers, customers and new entrants can be analyzed to identify opportunities and threats. Disruptive technologies can be detected very early.
For over 30 years, the SIIA CODiE Awards have honored thousands of software, education, information and media products for achieving excellence and innovation in technology. They are the only peer-recognized program in the business and education technology industries. Each nominated product receives a detailed review by two expert judges.
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