TechIPm announces IoT business creation patent strategy
TechIPm LLC, a research and consulting company specializing in emerging technology strategic patent R&D and monetization, has announced the addition of an IoT strategic patent development and monetization consulting service.
TechIPm provides consulting for improving existing patents to obtain maximum return on investment. It also provides consulting on developing new patents that can lead to new IoT product/service development exploiting the strategic patent preparation & prosecution, white space analysis and scenario analysis.
TechIPm develops packaged patent portfolios in alignment with clients' specific IoT business interests (e.g., smart home automation). The packaged patent portfolio can be used for monetization through patent sale, patent licensing, commercialization, spin-off, patent banking and patent-backed financing. TechIPm also provides consulting on developing monetization programs for exploiting the IoT strategically packaged patent portfolio.
A packaged patent portfolio is the collection of patents that the integrated value propositions of each patent of the portfolio target specific value propositions that are provided by emerging new products/services.