Patent Data Overview
Patents are legal documents that grant exclusive rights to specific types of intellectual property, allowing patent holders to prevent others from making, using, selling, or importing the patented invention, technology, or process without permission for a defined period. Typically, patents protect these rights for 20 years from the initial filing date. Patents specifically provide clear details on inventions, including diagrams and images. These details are useful in any given industry because they help professionals answer exactly who is innovating what.
The main issue with patent data is that it’s typically very difficult to search for in most platforms. This is due to the following reasons:
- Patents are not tagged to companies or industries in free patent search offerings, such as Google Patents, Espacenet, USPTO, and more.
- Keyword search is limited to only exact matches in many patent data services, leading to missing synonymous or relevant patents that don’t match an exact search.
- The major free patent data services do not provide real-time notifications for newly published patents, limiting the ability to monitor information crucial for competitive intelligence and portfolio positioning.
- Traditional patent data services don’t offer mobile services or on-the-go options, which can similarly lead to missing crucial updates and being at a competitive disadvantage.
To combat all of these challenges in the traditional patent data space, AlphaSense offers a revamped approach to searching for, discovering, and monitoring patents—which accelerates your workflow and limits the possibility of missing any relevant piece of information.
Why Do Clients Choose AlphaSense For Patent Data?
In a saturated world of patent data offerings, AlphaSense offers a different approach that combines rich, reliable data with an unparalleled search experience that allows you to get the most value from that data.
Patent Data Beyond the US
AlphaSense patent data includes 20+ years of historical patent data from the US and Europe. Regional expansion to include Asia–Pacific (APAC) data—from China, Japan, and South Korea—is coming to the platform in 2025. Using the AlphaSense platform, you can quickly discover patents associated with specific companies for competitive and portfolio monitoring. You can also easily discover relevant patents and associated companies in a specific area of innovation or market interest. Simply search for a term associated with any market, and quickly cast a wide net to populate all of the associated patents, sorted by relevance to your query.
Access to Original Patent Filing Images and Figures
When a patent PDF filing has been published to the relevant patent office, the AlphaSense platform will have the original patent PDF available with all its diagrams and images. Click on the associated link in our Table of Contents or at the top of the document, and you’ll instantly see the original filing and images. These images are crucial for getting a full understanding of an invention, clarifying written claims in the patent, and providing legal evidence in case of a patent dispute or infringement case.
Alerts to Patent Applications and Grants
Tracking newly published patents with email alerts and the AlphaSense mobile app allows you to get instant notifications on your device and in your inbox as soon as new patent grants and applications are released by the related offices. This ensures you are always a step ahead of competitors and that you don’t miss out on valuable information just because you are away from your desk or didn’t manually search for a company’s new patents.
Better Search Experience
Historically, searching through and extracting insights from patent data has been a manual, laborious, and time-consuming task. This is largely due to the lack of filtering, tagging, and smart search features in most patent data offerings. However, AlphaSense offers a variety of capabilities that enable users to unlock critical insights from patent data in less time and with more confidence than ever. These capabilities include:
This is a proprietary AI feature that recognizes the intent behind your search and automatically includes results for your search terms and those with the same or similar meaning. This means you will no longer miss patents for related products just because you did not manually search for every exact synonym. Smart Synonyms™ does the legwork for you by extracting every relevant search result in seconds.
Company and Industry Tagging
All patents housed in the AlphaSense platform are tagged to the appropriate company and industry that the patent belongs to. This makes it easy to find patents most relevant to your interest and avoid missing any patents from companies in your competitive moat or investment portfolio.
Advanced Screening
The AlphaSense platform is equipped with advanced filtering features that can be applied to every piece of data housed in the platform. For patents specifically, users can screen for patents that have certain inventor names, assignee names, classifications, claims, chemical/drug names, patent statuses, and more. This makes the search process much faster and more streamlined, as you can refine your search to the information most relevant for you.
Easy Navigation
Every patent document has a “jump to” feature that allows users to instantly navigate to a specific section of the patent, saving time and manual scrolling. The “jump to” menu functions as an interactive table of contents—click the menu to open or close it, and then navigate to the exact section that is of value to you.
Table Viewer and Extraction
Patent documents can often contain tables with thousands of event rows or related filings that are challenging to sort through without missing critical information. Our Table Viewer and Extraction features allow users to navigate through tables of data for more efficient review and then easily export them. This is especially useful when going through the legal proceedings associated with a patent.
Our generative AI chat experience transforms how users can extract insights from hundreds of millions of premium content sources. Our chatbot is trained to think like an analyst, so it understands the market research intent behind your natural language queries. You can use our Generative Search to get quick answers regarding specific patents and innovations or to discover new patents relevant to your competitive intelligence or investment portfolio. You can dig deeper into topics by asking follow-up questions or diving into the source document with one click.
Extensive Content Universe Beyond Patent Data
Unlike the majority of platforms offering patent data, AlphaSense offers a wealth of data beyond just patents. This eliminates the need to toggle between different websites or tools and allows you to do your complete, comprehensive market or investment research all in one place.
AlphaSense provides access to 10,000+ premium, proprietary, public, and private sources—everything you need to get the complete picture of any market trend, company, or industry.
Our external content sources include trade journals, news, regulatory documents, earnings transcripts, investor presentations and other company documents, and SEC and global filings. AlphaSense users also have access to two premium and proprietary content offerings. These are:
- Wall Street Insights® – A collection of broker research from Wall Street’s leading firms, covering global sector themes, industries, and companies from 1,000+ sell-side and independent firms, available within the AlphaSense platform. Research professionals can even preview the contents of a broker report, saving them wasted time and money on potentially fruitless research.
- Expert Transcript Library – Tens of thousands of proprietary one-on-one call transcripts with industry experts, competitors, customers, partners, and former and current executives, with the ability to conduct your own 1:1 expert calls for less.
Additionally, AlphaSense’s Enterprise Intelligence solution allows you to upload and search through your own internal content. That includes:
- Internal research, notes, and presentations
- CIMs and investment memos
- Reports from industry and market intelligence providers
- Emails, newsletters, web pages, and RSS feeds
In this way, AlphaSense centralizes all your knowledge in one place—the internal and external—and allows you to leverage our industry-leading search, summarization, and monitoring tools to enhance and accelerate your research.
Putting all these sources of knowledge together—the internal and the external—allows you to get more context for the patent data you are looking at. It also maximizes the value you gain from patent data because you can get a much more holistic view of a company, industry, or specific product when you can also access a wealth of other relevant high-quality data sources.
Putting Patent Data to Use
Corporate Use Cases
Corporate users mainly use patent data to drive strategic decision-making—whether in the realms of product development, competitive positioning, partnerships and acquisitions, or innovation.
Having access to patent data is crucial for competitive intelligence, as it helps identify potential competitive threats or opportunities to gain a competitive advantage. Patent data also helps with formulating long-term business strategies and anticipating future market shifts. It’s integral in enhancing the innovation pipeline, mitigating risk in product development, and identifying the right strategic acquisition or partnership opportunities.
Clients across all industries—energy, healthcare, technology, consumer and retail, industrials, and more—rely on AlphaSense’s patent data to drive efficiencies and get the competitive edge.
Example: Let’s say an energy corporation wants to assess the patent portfolios of potential acquisition targets to ensure they align with the corporation’s innovation goals and strategic vision. They are particularly interested in patents relating to AI in the oil and gas space.
To that end, they can conduct a specific search in the AlphaSense platform: Search for discovering AI in the oil and gas industry.
Financial Services Use Cases
In the financial services industry, patents are crucial for valuing companies during M&A transactions, IPOs, and investment advisory. Patents can provide important information about a company’s innovation potential and competitive advantage.
Sales clients can use them to identify potential clients and tailor sales pitches; private equity clients can use them in their due diligence process; and investment banking professionals use patent data to assess companies’ patent portfolios for M&A transactions, IPOs, risk management, and debt financing purposes.
Example: Let’s say an investment banking client is evaluating Apple and IBM’s patent portfolios to determine potential gaps in their moat and find M&A focus areas. The client wants to quickly pull all related patents tagged to each company.
To that end, they can conduct a specific search in the AlphaSense platform: Search for identifying Apple and IBM patents published in the past year.