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TAEUS Focus on IP
  • TAEUS Global Patent Syndicate

    Have you ever tried finding a patented technology? Not easy, is it! Once you find the patent you have been looking for, what next? How do you access the people who will allow you to legitimately and legally use the technology? Assuming you find the right technology and the right people to talk to, will you get a good deal on the technology? Should you buy the patent, or take a license to it? What is a fair price for the technology? What are others paying for technology in the same area?

    Welcome to the world of patent and technology licensing! Fortunately, there are people and tools available to help you get the right information and to help do these deals. Next question: How do you find them? Well, how would you like to get access to the entire universe of patent searching tools and connect directly to the people who will get you the technology you want?

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  • How to Sell My Patent:

    Psst, buddy I have patent 7,123,456 for sale. Want to make an offer? You can look it up on the USPTO database, or I can email you a PDF. Good stuff, I tell you. An...

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  • Reverse Engineering of Software - Is It Legal?
    by Jim Adams, Chief Technical Officer, TAEUS International Corporation 

    and Jerry Coffin, Principal Technologist, TAEUS International Corporation

    Rever...

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TAEUSWORKS PATENT-EVALUATION PROCESS

TAEUS subject matter experts (SMEs) have evaluated over 50,000 patents and some of the world's largest patent portfolios using an analysis framework we call TAEUSworks. 

When we conceived TAEUSworks, we were presented with the challenge of developing a system that would allow subject matter experts (SMEs) to evaluate a patent's technical qualities and risk profile using an evaluation framework that would be flexible enough for any class of patent, and at the same time, provide consistent results no matter who the reviewer—as long as they are experts in their technical area.

We determined the eight major factors that predict a patent's strengths and/or risks including…

  1. Observability
  2. Ease of Investigation
  3. Lack of Prior Art
  4. Alternatives
  5. Technology Maturity
  6. Current Commercial Use
  7. Future Commercial Use
  8. Strength of Claims
 
We then created specific definitions for scoring each factor on a scale from 1 to 5.  SMEs provide their opinion, determine the score and defend their assertion in a paragraph for each of these eight factors.  Of course, any SME can be wrong from time to time, so we ensure maximum quality by requiring two SMEs review each patent.  But we don’t stop there.  Each SME then reads the review of the other SME, and where disagreements occur, he or she will either defend or concede his/her original opinion.  We found that this process is the most economical way to get consistent high quality opinions from subject matter experts.
 
TAEUSworks is the only patent review system available that taps into human intellect, instead of relying on bibliometric information and industry averages. It is designed to strengthen licensing campaigns, organize patent portfolios, and help companies respond to incoming patent litigation.
 
How to use TAEUSworks:
 

Buying & Selling:  If you are considering buying or selling a patent, TAEUSworks presents the technical merits that you should use when valuing a patent asset.

Patent Assertion:  TAEUSworks exposes the risk profile as well as the implicit strengths of each patent reviewed.  In addition, TAEUSworks provides a Licensing Candidate/Product matrix that identifies likely candidates for the patented technology and target products to which the patent may apply.

Patent Defense:  The other side of the assertion coin is patent defense.  When presented with an assertion against your products the best way to develop a defensive strategy is to first understand the patent's strengths and weaknesses. 

Portfolio Evaluation:  TAEUSworks reviews are done in an online system today.  We are currently developing systems that will allow you to economically order reviews on your entire portfolio and manage the output in an online system.  Reviews can be downloaded as a PDF, viewed online or exported in XML to be integrated in your own system. 
 
Delivery time for a TAEUSworks report is from 3 to 5 days.

 

 

TAEUSworks is a patent pending framework that identifies the value and risk profile of individual patents using subject matter experts. <a href='/sendemail.php?type=alias&id=11' class='more_link'>Send email</a>
TAEUSworks is a patent pending framework that identifies the value and risk profile of individual patents using subject matter experts. Send email