Description
Montana State University Procurement & Contract Services is considering a request to award a Sole Source contract to Patsnap Ltd. for Patsnap Innovation Intelligence Platform, an AI-driven innovation intelligence platform that analyzes global patents, funding, and news to help identify trends and opportunities. The platform must be able to analyze vast and global datasets, identify emerging trends, and assess the quality of IP across various measures. The contract term is expected to be 10 years, with an annual cost of $117,500. Interested vendors who believe they can provide an equivalent product and service are invited to provide a detailed description of their product or service.
• Analyzes global patents, funding, and news to identify trends and opportunities
• Identifies emerging trends, spots risks, and finds market opportunities across various industries
• Enables team collaboration and has integrations available through Web APIs
• Provides in-depth semantic/AI searching to find the ideal IP for a specific need
• Evaluates and assesses the quality of IP across measures like novelty, defensibility, monetary likelihood