integrated data validation - Thomson IP Management Services

integrated data validation
elevate your ip data quality on an ongoing basis
Anyone who manages patents knows the
importance of data accuracy—just a single
erroneous number or date in the wrong jurisdiction
on a critical piece of IP can cost an organization
millions. Now multiply that out, with most
organizations having anywhere from a 1 percent
to more than a 10 percent discrepancy rate across
hundreds or thousands of patents. It’s a risk we’ve
learned to live with: to err really is human, and
while you can engage a data review service, they
are expensive and time-consuming ‘one-shots,’
with data quality degrading after completion.
COST
ACCURACY
Now, for the first time, you can proactively verify
the accuracy of your patent data on an ongoing
basis through your intellectual asset management
system. Thomson IP Manager® offers the only
fully integrated Data Validation in the market,
allowing you to build the review process into your
IP workflow; verify manual data entry against
industry-leading Thomson Reuters patent data;
and prioritize the results for optimal efficiency.
With Data Validation, you protect your critical
assets and have the accurate portfolio data you
need to make decisions and get the most from
your IP.
INTEGRATED DATA VALIDATION
ONE-TIME DATA
REVIEW OFFERINGS
REUTERS/Nicky Loh
protect your rights with the right data
There is a wide range of data associated with
each patent in your portfolio, covering numerous
jurisdictions. The Data Validation service in
Thomson IP Manager automatically matches your
portfolio data against industry-leading Thomson
Reuters patent data to identify discrepancies:
• Compare your patent bibliographic data to the
industry’s broadest consolidated IP dataset
• Validate the bibliographic fields that are most
critical for accurate annuity payments and
official correspondence
• Review against the most current data across all
major jurisdictions
the power of integrated validation for
improved accuracy
ONE-TIME DATA
REVIEW OFFERINGS
INTEGRATED DATA VALIDATION
TIME
Because the service is integrated with Thomson
IP Manager, Data Validation can be added to your
existing IP processes, allowing you to include
the review function in your regular workflow for
ongoing accuracy:
• Leverage the Process ArchitectTM to create
scheduled validation processes and route
issues to the right experts for resolution
• Build upon your continuous improvement
culture with defined and enforceable processes
that ensure the right information is used to
make the best decisions about your portfolio
• Pinpoint ongoing data entry issues and
reinforce docketing best practices around data
accuracy
THOMSON IP MANAGEMENT SERVICES
PAGE 2 integrated data validation
Prioritize your most critical ip
get up and running quickly
Integrated Data Validation not only identifies
possible discrepancies, it also prioritizes the
results so that you can address them in order of
importance, minimizing administrative resource
requirements while protecting key patents:
If you have data accuracy issues, we know how
important it is to quickly correct any errors around
your critical IP—before you miss a due date. Our IP
management consulting team can help you ensure
that Data Validation has been configured correctly
in your environment, provide the necessary training
to get your staff started and help you maximize
your benefits from the Data Validation service.
• Review the most critical data issues first via
automated match scores
• View local and public records side-by-side, and
copy public data directly to the local record as
needed
• Designate low-priority mismatches to ignore,
so that you don’t spend time repeatedly
reviewing the same issues
• Fix it once: With Data Validation, you never
have to deal with the same discrepancy twice
Our consultants execute the initial run-through of
your data to identify discrepancies and work with
you to determine the best method for resolving the
issues posed by the discrepancies. Additionally,
we can:
• Assist with your initial discrepancy review and
clean-up efforts to improve data quality quickly
and with minimal resources
• Build Data Validation into your IP workflow
based on IP best practices, ensuring that you
have the right people involved, at the right time
to protect your assets
• Identify and resolve docketing patterns that
lead to poor data quality
the only integrated, ongoing solution
The accuracy of your patent data is critical to
ensuring that your IP is protected everywhere
you do business. Integrated Data Validation is
an automated solution that lets you include data
quality reviews in your ongoing IP processes,
compare your data to the industry-leading
Thomson Reuters consolidated IP data set and
prioritize the results based on importance. And,
with our expert IP services, you can begin verifying
your data quickly using minimal resources.
Learn more about integrated data
validation
To learn more about Data Validation from
Thomson IP Management Services, go
to thomsonipmanagement.com or contact
us at ipms.info@thomsonreuters.com.
Thomson IP Management Services
Thomson Reuters
300 Franklin Center
29100 Northwestern Highway
Southfield, MI 48034–1095 USA
Phone: +1 248 352 5810
Fax: +1 248 352 0754
Email: ipms.info@
thomsonreuters.com
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