Dealing with Intellectual Property (IP) management technology can be a huge headache for law firms and corporations. Most solutions have historically catered to paralegals, docketers, and administrative roles; they have not adequately addressed the specific needs of IP managers.
In mid-April, we looked into the crystal ball to predict when patent 10 million would be released and which specific application would be chosen. We have now reached the grand event – the unveiling of patent 10 million as published in the USPTO’s Gazette.
The USPTO is set to unveil utility patent number 10 million on June 19, 2018, along with its newly redesigned cover. A quick review and analysis of the eligible applications gives us insight into some characteristics of the group about 4,500 published applications it could be. To be eligible, the current owner of the application would have received their issue notification on May 30, 2018.
It’s been a pivotal year for Anaqua, and the Anaqua User Conference (AUC) was no exception! This year’s AUC took place from April 9-12 at the Loews Royal Pacific at Universal Studios Resort in sunny Orlando, FL. We had an unbelievable turnout this year with our largest client attendance to date including corporate clients adidas, IBM, BASF, Honda, Tokyo Electron, as well as law firm clients Garlick & Markison, Brooks Kushman, Morris Kamlay, and Michael Best just to name a few. Our most valuable aspects of the conference were product training, user led sessions and a forum for our clients to come together and network, sharing IP strategies, best practices and insight on how working with Anaqua helps them accomplish their IP objectives.
As we settle in to 2018, I wanted to reflect on what we’ve accomplished in 2017 and what we have to look forward to this year. Over the last year, Anaqua expanded its client base like never before by bringing on board an impressive array of new clients including, IBM, McDonald’s, Adidas, Vallourec, and Analog Devices. In total, our software is now used to manage at least 25% of the world’s IP.
Patent renewals force key decisions regarding IP investments, and too many corporations base these decisions on guesswork. Understanding how a patent is performing in the market, its importance to the organization, and its strength should guide these decisions. Leveraging IP analytics can help an organization, and its review team, make smarter, fact-based decisions on whether to keep or abandon a patent. For companies reviewing hundreds of patents per year, having a standard methodology will enable quicker decisions with better justification.
Patent experts came together earlier this month to speak about the future of the European patent system against the background of this development at an event in Munich, organized by the German Association of Medium-Sized Enterprises (BVMW) and sponsored by Anaqua Germany. Present entrepreneurs, company representatives and patent attorneys were able to gain exciting insights into the advantages and disadvantages of the various patent procedures.