Competitor Watch

Nitin055106 Dec, 2022Business

Patent Monitoring can be termed as Patent Watch, Competitor Watch, or IP Watch and refers to a process for tracking newly published IP information or advancement in technology from time to time. It covers IP information and can work on non-patent literature to showcase recent developments in technology. It provides periodic alerts basis on client requirements, which can be weekly, monthly, quarterly, half-yearly or yearly. Patent Monitoring can include one or more of the following based on the client?s requirements: ? Technical Patent Watch ? Competitor Patent Watch ? Patent Legal Status Watch ? Design Watch ? Infringement Watch ? Product Launch/Feature Monitoring ? Patent Litigation Monitoring Advantages of Patent Monitoring/ IP Watch ? It helps in understanding the latest Intellectual Property landscape. ? It helps determine business opportunities by determining advances in the technological field of interest. ? It helps in determining NOAs