What is Patent Watch?
PatentWatch automates patent infringement detection and reporting. Companies enter patent numbers, and our software conducts quarterly searches for infringements. IP teams use us to catch issues early, saving time and money while spotting overlooked infringers
Problem
Companies face challenges in monitoring patent infringements, relying on manual methods that are time-consuming and prone to errors, resulting in potential financial and intellectual property losses.
Solution
Patent infringement detection and reporting software that automates patent infringement detection. Users can enter patent numbers, and the software conducts quarterly searches for infringements, identifying issues early to save time and money.
Customers
Intellectual property teams within companies who need to monitor and protect their patent portfolios efficiently. These are often large corporations or startups in industries heavily reliant on patent protection, like technology and pharmaceuticals.
Unique Features
Automated quarterly searches for patent infringements significantly reduce manual effort. The software's AI-driven detection helps identify overlooked infringers, offering a proactive approach to safeguard intellectual property.
User Comments
Users appreciate the automated approach to infringement detection.
The quarterly reporting feature is considered highly efficient.
Some find the platform easy to integrate with existing workflows.
A few users mention the software's accuracy in spotting potential issues.
General consensus on the cost-effectiveness of the solution.
Traction
Launched on Product Hunt, yet specific traction details like user numbers or revenue are not publicly provided. Further details might be available directly through the company or on their website.
Market Size
The global intellectual property management software market was valued at $4.25 billion in 2020 and is projected to grow at a CAGR of 15.5% from 2021 to 2028.
