PatentSight, a LexisNexis Legal & Professional company, announced their longitudinal patent datasets are now available to BLOOMBERG Data License clients through BLOOMBERG Enterprise Access Point. “We believe in the power of patent data to help investors identify trends and shifts in the global technology landscape. We are proud to give Bloomberg clients access to our unique innovation KPIs to support better investments,” said Marco Richter, Managing Director of PatentSight.
Read More: GlobalFintechSeries Interview with Patrick Turiano, Director of Marketing at Paysafe Group
Investment managers and data scientists are increasingly applying to conduct better informed investment decisions
Investors’ interest in alternative data has exploded over the past few years as firms have been actively seeking a sustainable edge to add to their investment process. Patents are future-oriented and possess high predictive power, thus being frequently used to identify technology trends and disruptive innovations early on. Patent data can also be applied to identify potentially impactful start-ups or to assess the risks and opportunities that technology-driven companies are likely to face. ESG focused investors use data to identify companies investing in technologies against the mitigation of climate change.
Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as Advisor
PatentSight provides strategic insights based on worldwide patent data
PatentSight compiles bibliographic patent from worldwide patent offices and has the most comprehensive full-text patent data with over 100 million patent documents in English. An international expert team ensures up-to-date and accurate patent ownership based on corporate structure, M&A, spin-offs, company name changes, patent transactions, and other extensive primary researches. Based on this enriched and cleaned data, PatentSight evaluates patents using a scientifically-developed and proprietary methodology, the Patent Asset Indexâ„¢. This method distinguishes high-value patents from less important ones, enabling better-informed business decisions.