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Showing posts from February, 2023

Categorization of Hand Gesture Recognition Patents with PatSeer's AI Classifier: A Case Study

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  Quick and accurate patent categorization is important because it enables you to comprehend the   IP landscape of an industry. Manual categorization is tedious and takes hours. Occasionally it’s not possible to do because of insufficient subject matter experts. IPC and CPC classes are wide-ranging and might not match your categories. With these considerations in mind, we created PatSeer’s AI Classifier to reduce the amount of classification that has to be done constantly for technologies that you’re keeping tabs on. Built over the latest AI & NLP stack, the underlying Classifier model has been customized with semantic rules in ReleSense™ to achieve greater precision over patent and scientific literature. The AI Classifier can automatically learn from your existing taxonomy and the records you have categorized against it to make predictions for newer, uncategorized records. It supports hierarchical taxonomies and saves you the time and effort of manually classifying new re...

An Introduction to Technology Scouting: The Process and Advantages

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  The saying "Excel or die" is the foundation of product-oriented businesses. Companies that don’t spend money on breakthrough research face the risk of becoming obsolete. Many companies start with a set of innovative ideas on the basis of which they build differentiating products and achieve their initial success. Maintaining a competitive edge, however, may not be as easy as simply relying on past success and innovating around it. Improvement patents such as substitution inventions (replacing a product or process that is more efficient for the same purpose) and addition inventions (adding a component that wasn’t part of a product or process) are beneficial in boosting a patent portfolio, but it still remains crucial to keep an eye out for promising technologies that can dramatically alter the industry you’re a part of. This is the reason why companies should conduct technology scouting regularly. Technology scouting: what is it? Technology scouting is the identification, a...