TechIPm has developed
an insightful new patent development and monetization methodology for creating
new business in the emerging IoT market.
BOSTON, December
22, 2015 /PRNewswire/ -- TechIPm (http://www.techipm.com) has announced the
addition of an IoT strategic patent development and monetization consulting service
to its offerings.
Goldman Sachs defines the IoT as the third
wave of internet revolution: By connecting billions of devices to the internet,
the IoT can open up a host of new business opportunities and challenges. Even
though the IoT is getting a huge attention recently the concept of
interconnected billions of devices is not new and has been under development
for over 10 years. Thus, there are a large number of related patented
technologies that can be exploited for developing new products/services, and
thus, new business for the emerging IoT market.
Many patent applications and newly issued
patents can be further developed for creating new values by amending and
creating claims and generating follow-on patents to encompass emerging
technology and products/services trends, market demands, and strategic
exploitation goals. TechIPm provides consulting for improving existing patents
to obtain maximum ROI. TechIPm also provides consulting on developing new
patents that can lead to new IoT product/service development exploiting the
strategic patent preparation & prosecution, white space analysis, and
scenario analysis.
A strategically packaged patent portfolio
is the collection of patents that the integrated value propositions of each
patent of the portfolio target specific value propositions that are provided by
emerging new products/services. Techipm develops the strategically packaged patent
portfolio in alignment with a client’s specific IoT business interests (e.g., smart home automation).
TechIPm’s methodology for developing the
strategically packaged patent portfolio is based on a deep understating of the
IoT technologies, extensive experiences in patent analysis and development, and
insights into the emerging IoT market. The strategically packaged patent
portfolio can be used for monetization through patent sale, patent licensing,
commercialization, spin-off, patent banking, and patent-backed financing. TechIPm
also can provide consulting on developing monetization program for exploiting
the IoT strategically packaged patent portfolio.
For detailed information, please visit
TechIPm, LLC is a research and consulting
company specializing in emerging technology strategic patent R&D and
monetization. TechIPm, LLC consulted diverse industry players in the field of Telecom,
electronics, IT, and computer.
For more information, please contact
Alex G. Lee, PhD, JD, CLP
Principal IP Strategist
TechIPm, LLC
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