The major challenges faced by Corporates –
There is no easy and reliable method to identify patents that are declared as standards. Several companies have a tendency of over declaring their patents as standards to get an edge above their competitors in the cut-throat SEP race. Various law firms and database companies charge whooping amount of money to correctly assure whether a patent declared as SEP is actually a standard essential patent or not. Plus, they take a lot of time in identifying and proving accurately the essentiality of all the patents in the portfolio of different companies.
Why is it difficult to accurately identify the SEPs –
Standards are plenty be it related to 3G, 4G, 5G, 5GAA, O-RAN, C-RAN, V-RAN, nR, etc. or related to short range communication such as NFC, ZigBee, RFID, Li-Fi, etc. or related to wireless communication IEEE standards like 802.11n, etc. In order to prove essentiality of a patent, screening through millions of patents against all the versions of the standards, their change requests, the email exchanges between standard bodies, etc. needs thorough domain expertise to accurately and quickly scan through the patent claims and specifications and try to identify the correct overlapping standard versions. Due to lack of technical expertise and a powerful mind+ machine blend, the quality output delivered by various database companies and service providers falls short of companies expectations. Since identification of SEPs need a very strong technical background with proven track record, a pure automation approach is restricted in this space. Therefore, an expert service provider who has a strong technical team and also uses proprietary SEP database is the need of the hour for correctly identifying the SEPs. Also ramping up the team size based on the work volume is another challenge in the SEP space, as trained technical experts in the domain are limited that can bring top-notch quality in 100% cases.
Some open questions yet to be unearthed in the SEP space –
Unique Solutions Offered by MCRPL –
Are you lost in the SEP space or lagging behind in the SEP race, give us a try and we will make sure to get you back in your quest for staying ahead of your competitors’