LexisNexis PatentSight (also referred to as PatentSight+) is a patent analytics and portfolio intelligence platform used to evaluate patent portfolios, benchmark companies/competitors, support portfolio optimization, and inform intellectual property (IP) strategy. The product uses curated patent ownership and legal status data along with vendor-provided quality metrics (notably the Patent Asset Index) and visualization-driven interfaces for IP teams and executives.
PatentSight+ is presented as a portfolio analytics and decision-support system (for example: competitive benchmarking, technology landscapes, M&A due diligence, licensing and standards-related strategy). The vendor describes AI-assisted analytics, visualization, and integrated workflow features as part of the platform.
Key vendor-described capabilities include:
- Competitive intelligence and benchmarking; portfolio optimization and strategic decision support (vendor positioning).
- Ownership normalization with M&A-aware ownership corrections and point-in-time analysis concepts (vendor positioning).
- Portfolio quality scoring via the Patent Asset Index (vendor positioning).
- Integration of datasets such as standard-essential patent (SEP) declaration data and litigation-related materials.
- AI assistants and AI-driven clustering/classification features.