Foreseeker™ forecasts technological development.

In which phase of development is a particular technology or a particular area of technology? This is a key question for companies which develop and market technology-based services and products. The Swedish Patent and Registration Office (PRV) has now made it possible to forecast the future. PRV is the first on the market to offer this type of business intelligence tool which is based on patent information.
Technological development in a particular field of technology is simulated in the new service Foreseeker. A Foreseeker analysis is based on patent data and its results respond to a number of strategic questions. It also includes the use of advanced mathematical methods to simulate a forecast of future development. The results are an important basis for strategic decisions that can save significant amounts of money since the results can help companies to increase the reliability of the assessments of when and where technologies should be developed or phased out.

Foreseeker creates new opportunities

Foreseeker is developed by the Swedish Patent and Registration Office (PRV). Ervin Dubarić, who along with Omar Al-Askary, is one of the creators and architects of the service:
“With the help of Foreseeker, it becomes possible to see further into the future than what we are accustomed to. It can make a major difference for a company’s competitiveness. Foreseeker minimizes decisions making based on guessing the future of technological a development.” says Ervin Dubarić.

A Foreseeker-analysis consists of four parts

1. The development of a technology or a technological area
Foreseeker visualizes the technological development within a specific technology or technological area.

2. Trends
The technological development within an area consists of various sub-technologies. The trends analysis indicates how the sub-technologies have progressed in relation to each other.

3. Predicting future technological development
Based on facts retrieved from patent databases and the use of advanced mathematical methods, it is possible to forecast future prospects of specific sub-technologies.

4. Citations of sub-technologies
An analysis of how many times a patent application has been cited provides an opportunity to evaluate the strength of a patent or a patent portfolio.

A Foreseeker analysis creates new opportunities for research and technology intensive companies. In addition, the analysis facilitates the decision making process for investors who are planning on investing in these type of companies.
Foreseeker - consultancy service

About us

Every day at PRV, we have the privilege of working with new ideas at the frontier of technology. PRV provides protection and exclusive rights for technological ideas, trademarks and industrial designs. If you want to change your personal name, you need to contact us. We also issue publication certificates for journals. We offer search and advisory services, as well as courses, in all areas of our operations.

Contact information

Information about Foreseeker:
Cecilia Hessel
Project manager, Foreseeker
cecilia.hessel@prv.se
08-782 27 98

Additional information:
Paula Lembke
Press officer
paula.lembke@prv.se
08-782 28 45

General issues:
PRV Customer service
kundtjanst@prv.se
08-782 28 00