Innovative technology enables faster, more complete assessments for IP professionals
NEW YORK, Oct 13, 2010 (BUSINESS WIRE) -- LexisNexis, a leading global provider of content-enabled workflow solutions, today announced the introduction of an innovative new capability to its LexisNexis(R) PatentOptimizer(TM) product that provides attorneys and in-house counsel with the ability to quickly obtain deep insight into important common threads in patent portfolios or answer sets.
The new PatentOptimizer Analytics tool allows customers to rapidly identify detailed aspects of entire patent portfolios to uncover critical data intersections, hidden trends, aggregate parts and elements nomenclature, and ranked language variations, among other criteria.
This capability allows legal professionals to analyze specific clusters of patent records at a detailed level, enabling them to prospect for new business, identify prolific players and language trends, compare portfolios at a very detailed level, and establish conceptual baselines for real-world prosecution and litigation.
The new tool also empowers users to perform substantive statistical analysis of the claims contained in a large patent portfolio -- including FTO (Freedom to Operate) Analysis -- and locate specific real world synonyms utilized interchangeably across the portfolio. It includes a reporting option that allows for results from specific user-defined search criteria to be downloaded into Microsoft(R) Excel(R) spreadsheets.