LTU: Challenging the Thomson Reuters Trademark Fortress
May 16, 2008
LTU Technologies in France is putting its well-regarded image search technology to work in a proprietary trademark database. The LTU system compare a submitted digital image against the database to confirm an already extant trademark or industrial design. You can read about that here. Click quickly. Some of news stories disappear without warning.
LTU’s image search has been among the most accurate available. Military and intelligence entities have been among LTU’s most eager customers. Now LTU is moving into a service where Thomson Reuters has a strong, if not dominant, position. You can read about Thomson’s Trademarkscan service here.
Thomson also operates Derwent, a patent information service, and the company has dozens of complimentary information services for intellectual property.
What are LTU’s chances of running with the big dog? We think that LTU will have to move quickly and be prepared for some Thomson Reuters push back.
If LTU puts out a quality product and focuses its effort, LTU may be able to offer an alternative to Thomson Derwent customers looking for options. But speed and quality are important. Oh, LTU has to be prepared for Thomson Reuters-style competition.
Jessica Bratcher, May 16, 2008
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