Patsnap

Comprehensive patent and innovation database for effective searches.

patent search innovation database intellectual property research and development competitive analysis technology discovery

Tool Information

Primary Task Patent analysis
Category industry-specific
Sub Categories patent-and-ip-research research-tools competitive-analysis
Country Singapore

Patsnap is a patent and innovation database with a global reach. The tool is designed to provide users with a comprehensive, intuitive platform for conducting patent searches. This resource is developed to assist Intellectual Property (IP) and Research & Development (R&D) teams in their work, fostering collaboration and enabling the analysis of the competitive landscape. The user can quickly explore technical solutions and understand innovation opportunities, run a prior art search, review and generate IP submissions, and monitor competitors' technological progress using this tool. To facilitate IP protection, Patsnap deploys AI-powered search and analysis capabilities, simplifying the review of complex patents, file histories, and claim changes. The tool also facilitates IP portfolio optimization via collaborative workspaces using its custom fields. Moreover, Patsnap uses proprietary AI for automatic generation of keywords and decoding technical patent information, aiding users in understanding the technology inherent in a patent and discovering similar technologies, citations, images, etc. with their precise references. It also has an intuitive workspace to help speed up collaborations offering features such as comments, tagging, and automated notifications. Patsnap is used by a wide range of organizations, from startups to Fortune 500 companies, and prioritizes data confidentiality in its operations.

Patsnap is a global innovation intelligence platform founded in 2007 by Jeffrey Tiong and Guan Dian. The company focuses on AI-driven solutions that enhance research and development (R&D), intellectual property (IP) management, and innovation strategy for a diverse range of clients, including enterprises, law firms, research institutions, and government agencies.

Patsnap's platform automates various workflows, such as drug discovery and material selection, significantly reducing time-intensive tasks. It offers tools for IP intelligence, market forecasting, and collaboration, enabling organizations to protect their innovations and streamline knowledge-sharing. With a commitment to integrity, leadership, and customer success, Patsnap operates globally, with offices in key markets across the Americas, Europe, and Asia. The company is recognized for its innovative contributions to the fields of IP and R&D intelligence.

Pros
  • Global patent database
  • Comprehensive search platform
  • Assist IP & R&D teams
  • Competitive landscape analysis
  • Quickly explore technical solutions
  • Facilitates patent reviews
  • Monitor competitors' technology
  • Simplifies complex patent review
  • IP portfolio optimization
  • Collaborative workspaces with custom fields
  • Automatic keyword generation
  • Decodes technical patent information
  • Discover similar technologies
  • Precise citations and references
  • Intuitive collaboration workspace
  • Comments
  • tagging
  • automated notifications
  • Used by diverse organizations
  • Prioritizes data confidentiality
  • Optimization of IP portfolio
  • Auto-generated keywords
  • Patent and literature search
  • Results in competitive advantage
  • Allows tagging and categorizing patents
  • Compliant with GDPR
  • CCPA
  • CPDA
  • Access to 180+ million patents
  • Access to 130+ million literature
  • Coverage in 170 jurisdictions
  • ISO 27001 certification
Cons
  • Limited customization options
  • No support for other languages
  • No API for integration
  • No offline usage
  • Issues in real-time collaboration
  • No mention of mobile compatibility
  • Limited search customization
  • No indication of frequent updates
  • May not scale well for large enterprises

Management Team

Elyn Chen
Global CFO
Jeffrey Tiong
Founder & CEO
Markus Haense
CTO / Head of Research
Ray Chohan
SVP Strategy (Founder Patsnap West)

Frequently Asked Questions

1. What is Patsnap?

Patsnap is a globally comprehensive patent and innovation database. It offers users an intuitive platform for conducting effective patent searches and is designed to aid Intellectual Property (IP) and Research & Development (R&D) teams in their tasks. It fosters collaboration and allows for competitive landscape analysis.

2. How does Patsnap facilitate patent searches?

Patsnap facilitates patent searches by deploying AI-powered search capabilities. The platform simplifies the review process of intricate patents, file histories, and claim changes, making it easier for users to find and analyze relevant information. It also has an automatic keyword generation feature which aids users in searching and understanding the technology within a patent.

3. What AI features does Patsnap use to streamline intellectual property research?

Patsnap uses proprietary AI for several functionalities such as the automatic generation of keywords, efficient decoding of technical patent information, simplifying the review of complex patents, file histories, and claim changes. It also uses AI for search and analysis capabilities helping users understand the technology underlying a patent and discover similar technologies, citations, images, and more.

4. How does Patsnap aid in innovation discovery?

Patsnap aids in innovation discovery by allowing users to quickly explore technical solutions and understand innovation opportunities. Its proprietary AI generates keywords and decodes technical patent information, aiding users in understanding the technology inherent in a patent, and discovering similar technologies, citations, images, amongst other things.

5. Can Patsnap help run a prior art search?

Yes, Patsnap can assist users in running prior art searches. With the aid of its extensive patent and innovation database, it can rapidly execute a prior art search in just a matter of seconds.

6. What tools does Patsnap provide for competitive patent analysis?

For competitive patent analysis, Patsnap provides comprehensive patent and innovation database for effective searches, AI-powered search and analysis capabilities, and proprietary AI that decodes complex patent information. Furthermore, it allows monitoring of competitors' technological progress including published documents, new patents, and patent changes.

7. What are the collaboration features offered by Patsnap?

Patsnap offers an intuitive workspace to speed up collaborations, boasting features like comments, tagging, and automated notifications. It allows users to add their thoughts, tag team members, categorize patents with AI tagging, and receive automatic updates about competitors.

8. Can Patsnap be used for IP portfolio optimization?

Yes, Patsnap facilitates IP portfolio optimization through collaborative workspaces utilizing proprietary custom fields. This enables IP protection and encourages more productive collaboration between team members.

9. What is Patsnap's 'Keyword Helper'?

Patsnap's 'Keyword Helper' is an AI feature that auto-generates the correct code for complex queries. This allows users to narrow down their search to what they need, in an automatic and highly efficient manner.

10. How does Patsnap assist with decoding technical patent information?

Patsnap decodes technical patent information through a feature called PatentDNA. This feature makes it user-friendly to find similar technologies, citations, images, and more, with their precise references in the patent.

11. How does Patsnap's workspace facilitate collaborations?

Patsnap facilitates collaborations through its intuitive workspace that features options for comments, tagging, and automated notifications. This workspace aids in speeding up decisions, fostering communication, and ensuring everyone is kept up-to-date.

12. What are Patsnap's automated notifications about?

Patsnap's automated notifications keep users informed about the activities of their competitors, including technological movements, published documents, new patents, and changes in their patents.

13. What kind of organizations use Patsnap?

Patsnap is used by a wide range of organizations, from startups to Fortune 500 companies. It serves those in need of a comprehensive platform for patent searches and competitive technological landscape analysis.

14. How does Patsnap prioritize data confidentiality?

Patsnap prioritizes data confidentiality by using a secure, proprietary AI that is trained exclusively on patent-related data and not on customer data. It holds an ISO 27001 certification and undergoes annual 3rd party audits to ensure data safety and security.

15. Can Patsnap help with IP submissions?

Yes, Patsnap aids in the review and generation of IP submissions. Users can leverage its AI capabilities to easily generate an invention disclosure for submission to IP teams.

16. Does Patsnap offer services to monitor competitors' technological progress?

Yes, Patsnap offers services for monitoring competitors' technological progress. Users can stay updated on their competitors' movements including their published documents, new patents, and patent changes.

17. How does Patsnap use AI to generate keywords?

Patsnap uses proprietary AI to auto-generate keywords, enabling a quicker understanding of the invention technology in a patent. This speeds up the search process and makes navigation through the system efficient.

18. What are some of the AI functionalities of Patsnap?

Some of the key AI functionalities of Patsnap include AI-powered search and analysis, automatic generation of keywords, decoding of technical patent information, evaluation of complex patents, file histories and claim changes, and AI tagging in the collaboration workspace.

19. What is the process to book a demo for Patsnap?

To book a demo for Patsnap, a user can navigate to their website where they will find an option labelled 'Book a demo'. By clicking on this, they will be guided through the process to schedule a demonstration.

20. How does Patsnap facilitate understanding the technology inherent in a patent?

Patsnap facilitates the understanding of the technology inherent in a patent by using proprietary AI to decode complex technical patent information. Detailed aspects of the technologies, similar inventions, citations, images and more can be accessed directly within the patent reference.

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