By Mamata Saha
When we think of Intellectual Property Rights (IPR) or patents in particular, prior art searches form a core aspect that need to be carried out before proceeding to the patent application process. Prior art is publicly available data that serves as proof of the knowledge of the invention. The process is cumbersome as it involves the painstaking effort of sorting through a multitude of scientific papers, patents, and technical documents, with the aim of extracting critical information. Thanks to the advent of AI, the process has now become less time consuming and more efficient.
Today, Generative AI (Gen AI) is the new buzzword in the technology world, and is making its presence felt everywhere, regardless of the industry type or product. Essentially, it’s safe to say that it serves as a competent knowledge source while people make their way through the complicated IPR web. It’s interesting to note that AI algorithms have the potential to navigate massive patent portfolios, find, and retrieve critical information. The speed and accuracy of such automated processes go up by several notches, resulting in the utilization of less time and fewer resources that go into manual prior art searches. Efficiency aside, AI also removes obstacles posed by language and geography and shares information in its totality. Needless to say, AI is equipped to accommodate ever-changing databases and other information sources. And it’s always up-to-date on the most recent developments across a range of industries.
In a word, patent professionals and innovators are able to make wise decisions, backed by the latest information.
Relecura, a name to reckon with in the IP and innovation space, owns a repository of (AI and) Gen AI-driven tools to tackle patent-related issues. Since we’ve based this blog on prior art searches, we’re happy to share that Novelty, our invention analysis tool, uses these technologies to help you run prior art searches. All you’re expected to do is share a patent number, click on ‘Prior Art’ and wait for the tool to fetch the relevant data for you. In the end, if it involves AI and Gen AI, you’ll find us way ahead of our competition!
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Relecura’s forte is its flexibility and adaptability to address specific problems and close-fitting solutions. The basic problem is that innovators are often not able to identify the industrial and commercial significance of their innovation as due diligence takes long days of analyses, necessitating a deviation from their regular and familiar activities. And it is a tedious iteration process. The latest custom AI capabilities help you assess the commercial value of innovation and technical due diligence can be automated to yield meaningful and immediate results. The repetitive tasks could be automated, and your time and energy could be devoted to strategic missions.
Management of large Innovation data is costly and labor intensive. Relecura offers AI-powered classification tools for categorizing and organizing data automatically and instantly. Automated Categorization against suitably chosen training documents keeps your innovation portfolio updated and lucidly classified, amenable to instant analyses.
Relecura offers fully automated custom AI solutions to track and explore developments in different technology areas. You can stay updated on the latest developments in different companies and technologies of your interest, which facilitates intelligent decision-making.
Competitive intelligence is a prerequisite for strategic decision making. Relecura provides tools to track the innovation and publication dynamics of your competitors, based on which you can prioritize your innovation initiatives and thus hone up your competitive edge.
Relecura uses white space analysis within its product platform known as the TechTracker, an AI-powered tool that provides insights on various technological trends and offers a peep into your competitor’s patent arsenal. Additionally, it helps you keep track of emerging organizations and technologies to help you manage your budgets and investments, optimally.
“Relecura helps us remain innovative by allowing us to see where the competition is playing through the landscaping tools. It lets us see where there are new opportunities and helps us focus in on those areas in an intelligent way.”
“Relecura helps us ride the crest of innovation wave keeping a competitive edge.” It helps us identify the white spaces and where the opportunities are.”
‘Our policy decisions regarding the focus areas of research and investment are being taken based on the insights offered by the custom AI tool, TechTracker, which offers a clear picture about the emerging technologies, companies, and the white spaces on the technology landscape of the key players. This helps us optimize resource utilization and maximize returns,’
‘The Classifier tool, introduced by Relecura, is indeed useful in managing and updating large datasets. After having subscribed to that AI-powered tool, in-house big data management and analyses have become easier and hassle-free.”
“Relecura platform is fueled by the latest technologies, and the tools that the platform hosts make our in-house innovation management smooth and accurate, in addition to being synchronized with the global technology frontline.”
Make faster, better technology decisions with Relecura
Our professional services offer training and support to minimise time-to-value on the Relecura platform and make more timely, confident IP decisions