The shock of the COVID-19 pandemic, and the lockdown measures adopted to contain it, have had a debilitating effect on the global economy. According to the World Bank, the global economy will likely contract by 5.2% in 2020.
The disruption caused by the coronavirus (COVID-19) pandemic has severely impacted the retail sector. Although the outlook is positive for essential businesses (such as groceries) and businesses equipped with digital operations, brick and mortar retail stores are looking at huge losses and the risk of bankruptcy.
Is your company looking to drive growth through M&A as well as organically grow its own patent portfolio?
A multi-billion-dollar High-tech major wanted to organically expand its existing patent portfolio, improve the value of patents, and ensure their future utility.
COVID-19 has infected more than 11 million people globally. To control the pandemic, countries were forced to impose lockdowns and social distancing measures. Although several countries have re-started economic activities, the crisis has had a significant impact on the world economy. As per IMF estimates, global economy is expected to shrink by 4.9% in 2020.
Patent and technology landscaping are critical for driving successful business strategy today. Automated patent landscape tools can be an efficient way
The economic slowdown due to the rapid spread of the coronavirus globally resulted in a historical dip in the S&P 500 index. Just a month after its record high, the S&P 500 was down 31%.
Organizations are looking to build resilience and additional capabilities to maintain their competitive advantage and stay ahead of the game.
A food and beverage giant was having difficulty finding ways to remain relevant during a shift in consumer needs.
With companies looking for ways to transform their processes, how do they even begin to start their digital marketing transformation?
A global company was battling these challenges head-on, as their internal teams had to juggle and execute their own tasks and IDS filing.
The question we must address now is: “How do we interpret claim language?”
Do you have optimal processes for refreshing customer documentation such as KYC reports and performing handovers to relationship managers? We understand the challenges involved. Let us help you acquire information with minimum hassle to customers, deal with foreign language documentation and more.
A leading chemicals and materials company that had a portfolio mix of commodity and specialty polymers was facing challenges when charting out a robust circular economy roadmap.
As companies are turning to digital transformation as the answer, what are some common misconceptions that organizations still have?
The stakes are high when business success depends on the patent portfolio’s strength.
Highly uncertain market dynamics warrant the need to recalibrate topline strategy.
A global heavy-equipment manufacturer wanted to understand their website visitor’s behavior by mapping the visitor journey so that they could optimize web content, marketing initiatives and improve the overall visitor experience.
An IT solution provider needed help optimizing their digital channel marketing spend so that they can get the most out of it.
Based on their current structure, independent sponsors face several inherent challenges, which could arise from a lack of manpower or tight deadlines. They need to undertake several basic activities, such as building contact lists or creating investment memorandum, that prevent them from focusing on networking and building relationships.
Effective collaboration between Intellectual Property (IP) and Research and Development (R&D) team is critical for business’ success, leading to greater innovation and reduced legal risks.
It will be during 2021 where we could truly expect the recovery to begin, assuming that the demand effects of Covid-19 are mitigated by then.
As we continue to witness a global crisis of unprecedented scale, professional advice, experience, and active support are more critical than ever for business leaders across the globe. With each report, we will dive into a sector to assess what’s happening now and what the long-term implications are. We will provide our thoughts on what businesses can do during these times. Our aim is to strike a balance between brevity and context.
The dampening impact of COVID-19 is expected to continue in Q2 2020. The most optimistic GDP turnaround estimate, to pre-Covid-19 levels, is 4–6 quarters.
Ripple effects of demand shock from COVID-19, felt across the value chain. Given the current state of outbreak it’s unlikely that the demand loss from COVID-19 would diminish before Q3 2020 and despite the optimistic recovery, 2020 oil demand will still face substantial decline.
Mining Industry: Impact of COVID-19 changed from moderate to high within March 2020. Companies are resorting to production slowdown, complete shutdown, demobilization of
workforce, and shuttering / isolation of operations.
Impacts on technology and telecommunications sectors vary somewhat by region. In North American there have been some setbacks. However the tech and telecom industries, and some of the larger individual players, in North America are highly diversified. As such, while some sentiments have been negative, others have been cautious but not alarmist (as not all subsectors are equally impacted).
In 2019, consumer spending accounted for almost 70% of US GDP and made up about 58% of China’s GDP growth. With both countries being at the epicenter of this staggered crisis, consumer spending is likely to stay low through 2020. Consumer behavior will undergo a dramatic shift and firms will need to adapt to the changing environment while ensuring stricter compliance of better health and safety conditions.
Global auto sales were already struggling to keep pace even before the outbreak of Covid-19. China led the descent with its dramatic sales drop of more than 20% year on year during this month. Initially, the Asian auto industry was hit the hardest due to the coronavirus impact, where the Chinese industry witnessed a 79% decrease in the sales.
Globally, the pharmaceutical industry may experience logistics and demand disruptions, but less compared to other sectors. North America and EMEA plan to invest in API facilities to reduce reliance on APAC.
Global oil market was expected to balance in the second half of 2020, driven by production cuts from OPEC+, favorable demand growth, and stagnant non-OPEC supply growth. However, the Covid-19 outbreak lowered oil and oil products’ consumption of the largest consumer (China), and the Saudi Arabia-Russia disagreement will result in an extremely oversupplied market (at least in the short term).
In part one of this two-part series, we examine the drivers for high volume prosecution and provide some best practices for high-volume patent prosecution.
A leading smartphone manufacturer approached us for help in evaluating the patent portfolio of a prominent licensor in the telecommunication industry, the patent portfolio included a diverse set of 100 US patents.
We spoke with industry leaders to understand the most critical themes related to the telecom sector in the current environment.
In this blog post, Mudit Mittal shares data from these experiments and explains how the findings lead to best practices for building better queries, including systematic ways to control the recall and precision of the search queries.
Evalueserve estimates that the COVID-19 pandemic could wipe off 13–30 MMT of LNG demand in 2020. The pandemic has added further
In the wake of the global pandemic, organizations find themselves hungry for information. While there is a barrage of information available,
Our team provided the client with a comprehensive and robust analysis identifying relevant patent literature that disclosed synergistic data of different combinations of pesticide mixtures, toxicity and Greater than Additive Effects (GTA).
Innovative R&D depends on combined technological, regulatory and IP insights, but how best to find relevant answers? We’ll help you navigate the vast amount of available scientific literature and patents so that you remain innovative, competitive and compliant.
The increased demand on healthcare services will be compounded by the apparent increased risk of infection among healthcare workers.
No one could foresee the impact that the Covid-19 outbreak would have on the different processes we take for granted.
Historically, the technology industry has been vulnerable to disruptive events that led to recession and economic crisis.
According to the International Monetary Fund, the recession triggered by the pandemic will likely be “way worse” than the 2008–09 global financial crisis.
In our previous analysis, Covid-19: Repercussions for Oil Markets, Evalueserve predicted that the price war between Saudi Arabia and Russia wasn’t sustainable due to economic ramifications.
Active collaboration between intellectual property (IP) and Research and Development (R&D) teams is critical for innovation to thrive as well as to reduce legal risks.
The Covid-19 pandemic has exposed glaring fault lines in the medical care infrastructure, and in emergency health response systems around the globe.
The impact of Covid-19 on the metals and mining industry has shifted gears, in which the impact changed from “moderate” towards the end of February 2020 to “high” by the end of March 2020.
The disruption that Covid-19 has caused can be felt by each node of the global supply chain, and by organizations of all sizes.
The Covid-19 crisis has disrupted the global workforce in an unprecedented manner.
The global economy has been grappling with a severe demand shock, as more than 100 countries closed their borders in the past month.
When a crisis arises, there is usually no forewarning or prediction—it just hits. Covid-19 has shaken various organizations to their core, as they scramble to adapt to a work from home structure.
If the Covid-19 driven erosions of crude oil demand weren’t enough, then the fall-out of the OPEC+ alliance has further dented the oil markets.
In this blog post, Dolly Manish Mathews describes the perpetual challenge of synchronizing Intellectual property (IP) and R&D to effectively advance the company’s product development goals.
These blog posts explained the key parameters that searchers need to consider to ensure an effective FTO search.
At the start of 2020, RPA is already worth a staggering total of $1.5 billion.
An oil & gas giant envisioned reducing its carbon footprint by modifying its existing supply chain.
A premium passenger and commercial automotive manufacturer was looking to stay ahead of the curve by pre-empting the disruptive trend of vehicle sharing and co-ownership.
A global specialty chemicals company was facing a constant challenge in building an efficient decision-support system when streamlining its innovation pipeline.
An oil & gas supermajor in Europe had aggressive production increase targets where a large portion of their strategy was dependent upon inorganic expansion.
Evalueserve’s New White Paper Reveals Process To Assess And Measure Patent Search Quality.
Microsoft Excel has dominated the financial services industry for the last 20 years as the go-to tool for calculations, data analysis, and reporting.
In this blog, we will learn about the specific points that a customer or a searcher should keep in mind before commencing an opposition/validity search.
Staying ahead of competitors in an everchanging landscape, is something that many organizations find themselves struggling with.
In this blog, Shekhar Khanduja will outline a few best practices of identifying prior art documents that can help an attorney make strong arguments while opposing a patent at a patent office.
In part one of this three-part series about validity searches, Shekhar Khanduja and Christy George outline the different approaches that corporations or their attorneys typically use to invalidate a patent or oppose a patent.
In this follow-up post, Sushil Kumar explains the three critical steps a company should take when approached by SEP owners for a patent license.
It takes far more cost and effort to gain a new customer than it does to retain one. Read our 7-step process for identifying and retaining you most valuable customers.
The Evalueserve team was tasked with finding a way to proactively track and analyze the industry trends and innovations.
A multi-billion dollar corporation wanted to increase its presence in the EMEA region by taking an integrated approach towards the market.
Evalueserve developed a tracking system that aided the client in spotting inefficiencies across multiple facilities.
A major global industrials company needed Evalueserve’s help with managing their spend data.
Our client requested a tool that would drastically reduce stakeholder decision-making time for a field follow machine.
A US hypermarket retailer needed to redesign its inventory and distribution framework.
Evalueserve was tasked with developing a solution that can handle high volume inventory across four distribution centers, while providing continuously updated insights for the client and their stakeholders.
A Standard Essential Patent (SEP) is a patent that claims an invention which must be used when a given standard is implemented in the products.
Could patent preparation and prosecution (P&P) go digital?
Why not let us cover your patent search workload while your team is travelling this summer? Learn more
In today’s complex world, few would argue that you need reliable, real-time insights upon which to base million-dollar decisions. Ankur Saxena asks: How good is your innovation intelligence really?
Imagine you are a scientist or engineer, and the head of R&D at your company has asked you to review some patent documentation.
Shekhar Khanduja shares strategies on how companies can get the most from their patent portfolio – and improve its future quality.
In this blog post, Urs Dommann describes a range of potential pitfalls for patent searches – and how we can learn from zero-tolerance industries to improve FTO patent search process.
In the second part of the current series, Shekhar Khanduja looks to the future of technology patent licensing in the US and beyond.
In a new short series of posts, Shekhar Khanduja looks at the roots of aggressive patent licensing in the US technology industry, in Part 1 today.
Priyanka Paul discusses the issues – and a framework – for striking the right balance.
Without proper due diligence, it’s quite easy to infringe another’s intellectual property.
Urs Dommann shares his thoughts on how decision makers in R&D will benefit.
News articles, scientific literature, and the like should be on every IPR&D searcher’s hit list. Priyal Bisht advises: ignore non-patent sources at your peril – that might be exactly where you will find the nuggets of gold.
The holiday season is for many of us a time of reflection and gazing into the promise of the future.
It’s time now to shatter the long-held myth about dearth of MedTech data and use the power of predictive and prescriptive analytics to gain competitive advantage.
Using the Evalueserve Problem-Solution-Application Framework, Ashutosh Pande tells us how to combine the logical variables of search query to control recall. Grab your paint brushes!
In the third part of his series on IPR&D Alerts, Ronen Speyer, shows you how to unlock the economic value of patent watches by enriching data through tagging.
In the second part of his series on IPR&D Alerts, Ronen Speyer demonstrates that when it comes to patent watches, it’s all in the genes: learn how to use the Alert Quality Index to balance recall, precision, and insights.
When done properly, patent alerts are a major weapon in the corporate arsenal. However, in this new blog series, Ronen Speyer argues many companies are wasting money on patent watches, and tells us how to put this right.
Cutting through the Artificial Intelligence hype, Jeroen Kleinhoven and Fedde van der Lijn begin a series of posts on when using AI in patent analysis and innovation intelligence makes perfect business sense – and when it absolutely doesn’t. Read more to understand if AI is right for your use case – or perhaps not yet!
Dommann shares how the village library of his youth inspired his passion for information science, patent search and innovation analytics. Read about the importance of custom tagging.
Search quality starts with smart query formulation – Ashutosh Pande shares how Evalueserve improves search quality by applying Problem-Solution-Application Framework.
High-volume tasks like IP docketing can become overwhelming, meaning work on patent analytics and designing new services can suffer. BASF’s IP group trusts Evalueserve to support it with this sensitive work. Justin Delfino tells us why.
Shekhar Khanduja, raises search quality by pairing ‘Explorers’ and ’Planners’ on his team to different IP and R&D use cases with some fascinating results! This new post is the first of many showing how to control the factors in our ‘Search Quality Index’.
Ashutosh Pande and Urs Dommann discuss economics of patent searching; and introduce an initial formula describing search quality (“search quality index”). Let’s get serious with understanding search quality.
Much of the value offered by IP search services is helping customers to identify the most relevant data sources, without getting distracted by the irrelevant. But this can come at a cost. Urs Dommann and Ashutosh Pande explain the searcher’s dilemma.
If you could clone the ‘perfect searcher’, what kind of personality, experience and profile would you specify to optimize patent search quality? Urs Dommann reflects on the human factors of knowledge management, and how machines fill the inevitable gaps.
Is it possible to deliver a perfect IP and R&D search, i.e., a novelty or validity search that finds 100% of the relevant documents? Urs Dommann tells the story of seeing it achieved and explains why the method can’t be repeated.
The Head of Evalueserve’s IPR&D business Urs Dommann launches our Information Adventurers blog with a fundamental and provocative question. What constitutes a good IP and R&D search or intelligence?
An engineering simulation software company based in the US wanted to improve the level of engagement with its customers, recognizing a lack of targetable customer personas and an incomplete picture of the customer journey.
You could unlock deeper insights and higher ROI by combining spend information with other datasets and moving up to higher-order analytics.
Evalueserve created an expert team that could adapt as needed, covering docketing and paralegal tasks. Evalueserve also brought in the expertise to optimize existing processes to ensure greater productivity.
Automation is the most popular trend in today’s world of business. It is general consensus that automation increases productivity, leads to higher returns, and makes life better, but there are broader differences on how it will impact employment levels and society as a whole. The big question is: are we prepared to deal with its implications?
China is in the lead in the global digital environment. Read our article to find out why companies across the globe should pay attention to this country’s digital revolution.
Investment in technology is not enough for successful digital transformation or how your customers perceive you as a brand.
Managing customer churn is vital to business performance. As is researched and proven, a 5% improvement in customer retention rates increases profitability by 25 to close to 95%, as it is many times more expensive to acquire new customers than it is to retain an existing one.
The client found it challenging to identify key controllable and uncontrollable factors that drive customer churn at the dealer level. This in turn made it impossible to develop effective strategies to reduce churn.
A lot of books have been published on the topics of analytics and big data, particularly over the past decade. In this blog post, our author Mahesh recommends three of them.
Are you part of the global pharma conversation? Do you have the systems in place to join it? More and more pharmaceutical and healthcare companies are finding the need to actively engage with patients, physicians and key opinion leaders.
In his second video, our CEO Marc Vollenweider talks about the four benefits of our mind+machine strategy for our clients: 1) Productivity increases 2) Reduce time-to-market 3) Quality improvements 4) Provide new capabilities to give our clients an edge in the market.
See the list of 10 must-watch TED Talks on mind+machine™ in our latest blog entry.
Evalueserve’s strategy is based on mind+machine. Now, what is mind+machine?
Database subscription management is a high-priority activity for financial services firms.
There has been a flood of books on this topic in the last year or two. We have compiled a reading list of the top business books on automation and the future of work.
Business Insider recently ran an interesting post on this topic based on the results published from an algorithm by ExecRank.