Early warning system for patent trolls

Call them “patent terrorists” or “paten trolls” they are here to stay. It needs constant vigil and dexterity in analyzing patents to shield those companies that have no tangible assets, products or customers—just a team of lawyers who write demand letters, file lawsuits and watch the dollars roll in. And the trolls are only one of the hosts of issues in-house IP counsel are dealing with right now as IP comes to the forefront of business law. Hence the oft repeated slogan “prevention is better than cure” holds well even in this context.

A quick mention of Dolcera’s patent dashboard is worth mentioning here. The patent dashboard has served as an early warning system for the in-house legal professionals of many Fortune 500 and Global 1000 organizations.

Most of these professionals would acknowledge that the lack of prior art information has led to any patent troll case. The patent dashboard’s collaborative feature makes it possible for sharing the prior art / product clearance searches within the organization.

Further, a regular analysis of patent portfolios of the known trolls within the industry and any closely-related industries can be pivotal in the prevention of a troll impact. The use of patent dashboard during the product design stage can ensure that all patents held by a known patent troll cannot be asserted in good faith against the products. In addition to this prevention measure, organizations can be well informed with the opinions on these patents held by patent trolls. Unlike many other contemporary tools, patent dashboard has been developed with active inputs from legal professionals from various organizations.

The issues sighted above are to prevent any possible attack from a patent troll; hence the need for in-house counsels to sift through a zillion patent documents and other scientific literature is well ascertained. Patent dashboard helps the legal professionals to structure the documents and also provides a solution to read only the relevant documents from the entire set. This aspect of the patent dashboard is critical for a legal professional at every strategic crossroads that seeks a very important decision.

This software has made it historical to exchange patent PDF documents through emails. Dolcera’s patent software holds all the relevant documents of the legal department in a central place for any in-house legal counsel to refer at any given time. The https enabled secure patent dashboard simply opens in any web browser. This award winning patent software helps in easy collaboration amongst geographically distributed teams inside large organizations.

“We had TMI — Too Much Information — going on here. This (Dolcera Dashboard) is a nice hybrid,” says says Michael Jaro, Chief Patent Counsel, Medtronic.

This patent analysis software aka patent dashboard has more to it. The rating and tagging feature of the document makes the future references of a document easy. The drag and drop feature further enhances the usability of the software.

“We have specific futuristic road-map carved out for the patent dashboard so that the lives of patent attorneys are made easy. At Dolcera, we believe that the current version of the patent dashboard is the first step towards making robust patent software” says Samir Raiyani, CEO of Dolcera.

The use of patent dashboard as described by one of the power users Mr Jaro himself “Each month, the Internet-based dashboard culls recent patent grants and applications from around the world and separates them by topic into different “buckets” so attorneys with different specialties don’t have to wade through irrelevant material. The culling is a result of both an automated search algorithm and human review performed by Dolcera’s Indian employees.”

“We have many tools to choose from, but there is more information out there than any single human being can feel comfortable digesting,” Jaro says. “This is just one way we thought we could do a better job of keeping up.”

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