It comes as no surprise that patent information providers are charting a course toward innovation in the areas of semantic search and relevancy-based results. Pantros IP is a patent analytics company. It provides a decision-support system that includes advanced linguistics patent search technology using Latent Semantic Analysis, graphical representation of patent search results, portfolio management software, and advanced analytics for measuring patent quality with citation and claim analysis. The Pantros business model offers subscription-based access as well as on-demand purchasing of individual reports. A customer receives a password with unlimited downloads available, scaled to the number of users for large corporations with a licensing agreement. For on-demand purchases, pricing depends on the number of records retrieved. In August 2011, Pantros acquired PatentValuePredictor, an online patent valuation tool for patents and patent applications. The acquisition allows Pantros to streamline the delivery of Patent Value reports and to meet increasing market demand for automated quantitative and qualitative patent evaluations.
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