Press Release

NLPatent Launches NLPatent | Monitor: The World’s First Truly Intelligent Patent Monitoring Platform

October 15, 2024 – Toronto, ON – NLPatent, an industry-leading AI-first patent research and intelligence platform is proud to introduce NLPatent | Monitor, the world’s first truly intelligent patent monitoring tool that sends tailored and context-rich patent intelligence alerts straight to your inbox. Built from direct insights from IP and R&D professionals, this new addition to the NLPatent platform offers a highly customizable and intuitive approach to patent monitoring by providing intelligent and tunable alerts to clients, along with full transparency on why each alert matters. 

Customizable Monitoring Designed to Drive Strategic Insights

NLPatent leverages a system of patent-specific large language models, continuously refined by top AI engineers, to power both NLPatent | Search and NLPatent | Monitor. With NLPatent | Monitor users receive contextually relevant alerts accompanied by comprehensive explanations detailing why each alert is significant, as well as the similarities and dissimilarities between their monitoring prompt and alerts.

Designed for maximum functionality, NLPatent | Monitor allows users to:

  • Select their monitor type based on specific needs
  • Configure the universe of patents they wish to monitor
  • Set alert frequency preferences
  • Share with collaborators
  • Fine-tune the sensitivity threshold 

These features set NLPatent | Monitor distinctly apart from conventional keyword-based monitoring tools - it’s a platform that understands the context of alerts, helping users keep watch and stay competitive.

Built with Users in Mind: Functionality and Customer Centric Design

NLPatent’s leadership team is uniquely positioned as a trusted voice in the world of AI and IP and, as such, boasts unparalleled exposure in the innovation ecosystem. These deep industry connections have contributed significantly to the company’s customer-centric development process - NLPatent | Monitor is no exception. The tool was beta-tested by a select group of customers from leading law firms, corporations, and research universities, whose feedback was instrumental in shaping the platform’s features. During this testing period, NLPatent | Monitor proved invaluable, keeping organizations up-to-date with the newest filings relevant to their (or their clients’) IP portfolios, identifying potential monetization / licensing opportunities, receiving real-time notifications about new filings that may pose as risks or opportunities, and tracking industry trends informing their IP strategy. Some beta testers even identified new use cases that hadn’t been considered during development, showcasing its remarkable adaptability.

NLPatent | Monitor has opened up a new avenue for us to enhance our clients' IP strategies, enabling us to offer cost-effective post-grant monitoring services that were previously out of reach. said Peter Finnie, Partner & Patent Attorney at Potter Clarkson LLP, who participated in beta testing. 

Looking Ahead

NLPatent | Search is trusted by Fortune 500 companies, Am Law 100 firms, and research institutions around the world. The introduction of NLPatent | Monitor is part of NLPatent’s broader strategy to expand its platform and provide comprehensive innovation insights driven by IP intelligence. NLPatent is committed to developing an integrated system that supports clients as partners, ensuring that the platform continues to empower clients to optimize their IP strategy in the ever-evolving field of intellectual property.

Availability

NLPatent | Monitor officially launches on October 15, 2024. Access our official press release here and visit NLPatent | Monitor to learn more or schedule a demo.

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