Competitive and Technical Intelligence ToolBox

Outsourcing is not new for the country like India. It was started dates back during 1960s. Business Process Outsourcing (BPO) is the long-term contracting out of non-core business processes to an outside provider to help achieve increased shareholder value. BPO saves precious management time and resources and allows focus while building upon core competencies. After BPO, India has now set its sights on becoming a global hub for knowledge process outsourcing (KPO). Knowledge Process Outsourcing (KPO), a new terminology is evolved for the business related to the patents and intellectual property. As India has the second largest English speaking scientific manpower pool in the world after the U.S. most of the Global competitors are looking forward to India to outsource their IPR needs related to patent searching, prior art search, infringement and validity search etc,. In a survey it was found that Indian graduates cost 50%+ lower than the U.S. and initial setup cost are half those in U.S

Today Intellectual property is universally recognized as the engine that drives advances in all technology related disciplines. A better understanding of how to develop, utilize and leverage IP is essential for all industries and professionals involved in various fields of technology. A better insight of the patenting activity reveals a more objective approach to determining how to prioritize research and development projects based on newly developed patent mapping and valuation techniques using state of the art software. Research-based firms continuously seek to discover new ideas and new technologies and to translate these into unique products. Products that can be protected from competition by patents or other intellectual property rights. This requires a solid knowledge of the market and the trends in the market; who are your competitors and who are potentially your partners? This is where a patent map will help you. Mapping the patent landscape will give you an overview of