The premise of the rating model is that more valuable, higher-quality patents will be maintained at a higher frequency (have a longer lifespan) than less-valuable patents. Typical metrics include the number, length and type of patent claims, the presence or absence of limiting claim language, the patent prosecution history, the technology classification, the growth rates and filing of new applications in a given technology space, and more than thirty other relevant factors. Ocean Tomo’s patent quality scores are calculated by multiplying statistically-determined coefficients with variables representing each of the relevant metrics, and then by normalizing the resulting values to an appropriate scale.
About Ocean Tomo PatentRatings® Software System
Ocean Tomo PatentRatings® software system is the first proven, market-validated software platform for objectively assessing patent quality, relative valuation, and competitive trends for patents, patent portfolios, companies, and technology sectors. The PatentRatings® system provides customizable data solutions and delivers actionable data to companies, investors, bankers, attorneys and other intellectual property professionals and decision makers. Ocean Tomo PatentR
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