Big data has its place in the world of patents as well. With publicly available data from the USPTO and some foreign patent offices, it is possible for practitioners to easily gather information about past prosecution activities that will provide insight to future prosecution of clients’ applications and portfolios.
To illustrate this further, if you can gather data on the patent examiner assigned to a particular application, you can reach a preliminary understanding of what the likelihood of allowance is, how many actions may be necessary to reach allowance, and if there is anything that move the examiner to allowance.
Big data can provide insight to an entire patent portfolio’s prosecution in this way. This will lead to a more efficient prosecution and ultimately higher quality granted patents.
Talk to the professionals at Teak to see how they can use big data to help your portfolio.
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