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In this episode of IoT and IP Explained, I’m joined by Axel Contreras to discuss automated patent valuation platforms. You will learn how these platforms work, what factors they consider when assessing the quality of a patent, and why they’re gaining attention in the IP world. Axel shares his insights on the strengths and limitations of these systems, and we tackle the big question: Can AI really be trusted to value patents accurately? Axel also opens up about a key lesson from his own career. Whether you’re an IP professional, a tech enthusiast, or just curious about where AI is taking us, this episode will give you plenty to think about. Axel Contreras. Axel stands out for his impressive combination of legal and technical expertise. He holds a Bachelor’s in Administrative Information Systems, an LLM in IP and Competition from the MIPLC program at the Max Planck Institute, and has worked extensively as a patent agent, IPR Commercialisation Manager, and legal consultant. He also co-founded 2 star-ups, one of them providing services of automated data acquisition for the manufacturing industry. 00:00:00 Introduction 00:02:20 Beyond licensing negotiations, what other purposes do you see in understanding the value of a patent? 00:03:21 What does a high-quality patent mean? 00.04:25 Moving to AI, what is an automated patent valuation? 00:04:50 There are platforms offering automated patent valuation. What data do these platforms analyze? 00:05:52 Factors considered in patent valuations platforms to determine the quality of a patent. Backward Citations 00:07:31 Citations of Non-Patent Literature 00:08:26 Forward Citations 00:09:33 Number of patent claims 00:10:22 Essentiality 00:13:05 Family Size 00:13:49 Grant-Lag: 00:16:09 Legal Status (granted, pending, or abandoned patent 00:17:20 Whether the patent has been licensed 00.18:38 Survived Opposition Or Litigation 00.19:50 Who is the patent owner 00:20:54 The number of days left until the patent lapses. 00:21:43 The technical scope of the invention 00:22:45 Which are the benefits of automated patent valuation platforms? 00:24:20 Does AI has to be human intelligent to conduct high quality patent valuation?