PATENT FACTOR INDEX PFI™ Patent Quality
Convert Statistical Qualitative Measures Into Quantitative Patent Scores
An objective method of patent quality analysis is the underpinning of the ability for Portfolio DSS™ to assess strengths, weaknesses, opportunities, and threats (S.W.O.T.) related to a single patent, to huge patent portfolios.
Patent Factor Index (PFI™)* is the Decision Support System that converts statistical qualitative measures into quantitative patent scores, using a proven methodology based on the proven results of dozens of acclaimed scientific papers and research reports developed by leading economists and scientists.
The 100% machine-based qualitative analysis is especially important when patent S.W.O.T. analysis depends on rapidly changing quality relative to the 100s of thousands of new patent grants and applications published each year.
PFIs use no “black box” analysis, the processes are fully transparent. Comprehensive and detailed papers describe the process for computing and evaluating each of the more than 20 discrete data fields scored by the PFI system. And because patents are complex IP managers can Decide what specific factors should be evaluated to support any given portfolio analysis – such as triage or pruning, assertion, or other business objectives.
IP managers using the PFI module of Portfolio DSS can independently change the impact of each factor relative to the most pressing business objective – a key reason that PFI evaluation has become a standard for practical, actionable patent quality analysis.
PFI scores are used by financial, business development, legal and intellectual property professionals, worldwide. PFI scoring effectiveness was also demonstrated in a study that correlated the stark patent quality contrasts of patents in CAFC decisions during 2006, to patent quality in CAFC decisions following KSR v. Teleflex. Because of the “Obviousness” ruling, the quality of patent portfolios literally changed overnight.
The PFI system uses Pantros IP’s LSA search technology to identify the “most closely related patents” for qualitative analysis – including patents that could be judged to be “obvious” under KSR. It’s the only patent scoring system currently available that directly ties quality evaluation to the impact of KSR, one of the most important IP decisions by the US Supreme Court.
If you can’t measure it, you can’t manage it. PFI scoring is the industry standard in fully transparent, objective, multi-variant statistical patent quality scoring system for evaluating large patent portfolios or patent application collections.
PFI scores are presented online in grid format by selected quality indices of patents within large portfolios. For individual patents, PFI scores are presented in a14 page PDF format that contains additional information including listing of potential licensees, competitors, technology lifecycle and adoption diffusion “S” curves.
*Patents Pending