Patent and Competitive Intelligence Dashboard

-

Dashboard is a web-based technology on which real time information is collated from various sources in the business. It is now becoming popular as the new "face" of business intelligence is the enterprise dashboard due to the user-centric nature of its visually-based approach. These tools generate actionable intelligence, thus enabling the strategic decision makers for better decisions.

IT breaks the barriers of traditional business intelligence, reaching beyond data silos to give everyone in the organization all the information they need to make more confident business decisions. Dashboard provides visibility across an organization to drive better decision making. It delivers the power to understand key business drivers by providing the means to drill from high level information to detailed review of root cause analysis.

Patent Intelligence data may play a critical role for decision makers in tracking trends in innovation, identifying licensing and sales targets, anticipating market entry and business white spaces, and assessing competitor strengths, weaknesses, opportunities and threats.

Effective Patent Intelligence can provide a business stakeholder with tools for which to make critical legal, R&D, product development, strategic or business development decisions.

Advantages:

Keeps you updated about your competitor’s business strategies and information in available at a single mouse click. These dashboards are customized according the clients needs, thus enabling even clients to generate actionable intelligence the way they want, unlike the PDF report, where your have to no choices. Following are the few matrixes used to generate intelligence information, helping in making better strategic decision, thus providing positive impact on the corporate balance sheet:

Who – Identify who are your current and potentially futuristic competitors, possible in-and out licensing, merger and acquisition opportunities and synergies in potential partners?

What – Identify what your competitors are doing in technology and business front?

Why - Identify why there is a possible opportunity or thread in a technology domain?

When – Identify the R&D and strategic decision trends, market trends and growth timeline of your competitors.

Where – Identify the crowded and potential new markets for your product.

How – Identify how you can be improve your patent portfolio to fill gaps and fence around the key technologies.

Comments

Post a Comment

Popular posts from this blog

Databases on the FDA Website

-
The search engine on the FDA Website will not find information that is in the databases that make up a large part of the site. Those databases can be accessed separately, using the links below. Following each link is a brief description of the database. Animal Feed and Drugs FDA Approved Animal Drug Products : A listing of searchable databases in the following categories: Approved Animal Drug Products (Basic search), Approved Animal Drug Products (Advanced search), Suitability Petitions, Sponsors, Green Book, Code of Federal Regulations, Federal Register, Patents, and Exclusivity. FDA BSE/Ruminant Feed Inspections Firms Inventory : Inspection information of renderers, feed mills, ruminant feeders, protein blenders, pet food manufacturers, pet food salvagers, animal feed distributors and transporters, ruminant feeders, and others regarding compliance with the BSE/Ruminant Feed regulations. Biological Products Adverse Event Reporting System : The Adverse Event Reporting System is a compu...
Read more

IPEXL - New Patent Search Tool

-
Image
IPEXL has released the beta version for their Patent Search tool. Its really nice and provides many feature. Must to have a look for patent professionals. Features: Patent Search - Patent search over China, Taiwan, Hong Kong, Singapore, Japan, S. Korea, PCT, United States, Europe, UK and Canada with translation link through google translator. Patent Directory - Patent search based on IPC class IP Market Place - Patents open for license.
Read more

Employee Retention – A critical issue, why..and How to solve?

-
Developing an employee retention plan is important to prevent raiding of your staff. This tool includes ideas on keeping employees happy, the business connection, time and money, and more. Using these tools and techniques, you can make better decisions on how to retain your top employees. Key employee retention is critical to the long term health and success of your business . Employee retention matters. Organizational issues such as training time and investment; lost knowledge; mourning, insecure coworkers and a costly candidate search aside, failing to retain a key employee is costly. Various estimates suggest that losing a middle manager costs an organization up to 100 percent of his salary. The loss of a senior executive is even more costly. Employee retention is one of the primary measures of the health of your organization. If you are losing critical staff members, you can safely bet that other people in their departments are looking as well. It is important for the management t...
Read more