Enhance invention harvesting!
For one successful outcome, the inventors within the organization must go through several ideas from invention to patent filing. MCSwift searches can power the inventors with
1-day turn around search reports around the ideas
~90-95 % relevancy
Enable informed decisions at very quick time
Reduce the search cost by 300%
The Need
Ever wondered what it is that a customer really wants! Imagine, going to a medical store in search for a paracetamol and getting to know from the shopkeeper that the medicine isn’t available and will be made available the next day. Here, the medicine (paracetamol) is very important for the customer that needs to be taken on an immediate basis. Taking the medicine on the next day might not serve the purpose.
Similarly, in the context of IP, an idea submitted by the inventors or R&D experts need to be evaluated immediately from the point of view of novelty and inventiveness in order to get it patented. Any delay in evaluating the idea may lead to someone else (direct competitor, new start-up, technology giant, etc.) getting that idea patented before the actual inventor whose idea was conceived before.
Although getting an idea patented is a big achievement, it is actually a race against time since many companies, inventors work on the similar type of ideas at any given point of time. It is imperative that an idea submitted needs to get filed in the patent office as quickly as possible in order to gain a competitive advantage and staying ahead and relevant in the market (in a particular technology) at any given point of time.
MCPRL’s Solution – MCSWIFT
At Molecular Connections Research Pvt. Ltd., we help customers in getting their inventions evaluated within 8 working hours. The inventions submitted by the customers to us are analyzed in depth taking into account various patent and non-patent search strategies run on multiple databases and the search report is submitted back within 1 working day. The search report contains all the relevant (102/ 103 or X/ Y) prior art patents and non-patent literatures along with relevant excerpts. All the search strategies and relevant keywords and classifications are also included in the report.
The Benefits to the Customer/ Value Additions provided
Various benefits are provided/ passed on to the customers:
- A very well crafted report with mapping of relevant text against the invention features
- Maximum turnaround time of 8 working hours from the time of receiving the request
- Very low cost given as compared to patentability or novelty searches
- Further discounts given on volume based commitments
- Report delivered in MS-Word or client preferred template
- Along with this, an online version of the report is also shared that helps in reducing at least 40% of client’s review time so that they can take informed decisions quickly
- Huge work volumes are handled very efficiently and with great quality in 100% cases
- Turnaround time of 8 hours – not missed in last 3 years on 99% of total inventions received
- Searches handled in various domains such as Telecommunications, Automation, Mechanical, Biotechnology, Mechatronics, Lifesciences, Chemistry, etc. from domain level experts (bachelors, masters, PhDs) having more than 4-5 years of average IP experience
- Searches are thoroughly reviewed through rigorous 4-eye quality check process. The average experience of the reviewers is approx. 8 years and are either group heads, patent agents or patent attorneys
- All the searches are done using Human plus Machine approach. While humans are the team members working on each search, the machine component is a text based analytical tool MCRANK that gives relevant results based on the keywords fed into its algorithm
- MCRANK is used in all searches sacrosanct, using this Human plus Machine approach the searches are of very high quality and delivered within the time frame of 8 working hours
