SPIF Patent Identification Information
SPIF - Supporting Members
Simple, free, human-readable
A standard format for patents
Save time, save money, increase transparency, drive efficiency
Our mission is to standardize patent identification information.
When you send someone a SPIF ID, you know that person can find the same patent. When you send a list of 1,000 patents and applications, you know that person can identify every single one of them.
SPIF uniquely defines patent assets so that they can be used in patent analytics, M&A, patent information transfers between firms and buying and selling patents.
SPIF uses common, current, human readable patent identification formats and industry standard tools.
What People Are Saying
I have spent many hours trying to resolve these types of patent and application data anomalies.
I am glad to see an industry effort is developing to help resolve the existing issues and standardize things going forward!
— Bob Lopes, VP Strategic Intellectual Property, Comcast
Patent due diligence is often slowed considerably in the most basic task of identifying and verifying the assets in question. Having a universally accepted standard format will streamline the process and facilitate patent asset sales, licensing, M&A, financing due diligence and other vital business involving patent assets.
— Brian Griedel, VP Intellectual Property, View
Being able to uniquely identify patent assets is a fundamental issue to bring transparency to the patent industry, and we're glad to support the non-partisan SPIF solution.
— Kurt Brasch, Head of Patent Transactions, Uber
While we often refer to patents as business assets, we must first create a universally standard data format which will allow companies to search, identify and transact patent assets more easily. Removing this friction, will allow companies to more easily realize value from their patent assets.
— Suzanne Harrison, Founder of the Gathering and Author of Edison in the Boardroom
SPIF: Patent ID made Simple
SPIF uniquely defines patent assets so that they can be used in patent analytics, M&A, transferring patent information between firms, and buying and selling patents.
When you send someone a SPIF patent ID, you know that person can find the same patent. When you send a list of 1,000 patents and applications, you know that person can identify all 1,000 patents and applications.
Our goal is to keep SPIF as close as possible to existing formats and tools. SPIF uses common, current human readable patent identification formats and industry standard tools.
Facts
The “PROBLEM”
Misidentified patents
Unnecessary cost and time resources
Higher transaction costs
Uncertainty
Difficult to verify
Verification difficulties
Use Cases
Correctly identifying all assets during an M&A
Providing a patent list to multiple bidders as part of a sale
Providing an accurate list during licensing discussions
Solution
A light format all parties can use and verify
No extra resources
Accepted by major industry participants
Less time and cost to conduct due diligence
Facilitates M&A and licensing discussions
Get in Touch.
spif@roipatents.com