Where is an industry headed? What are your competitors doing? What are the emerging trends in a technology space? These questions can be answered by analysing patent data. Technical insights derived from patent data are important for businesses to assess the strength of their technology portfolio and determine risks posed by the competitors, for academics and governments to plan the R&D investment and innovation, and for investors to perform due diligence and value companies.
However, analysing patent data is an arduous task that involves investment of substantial time, manpower, and money. Analysis of patents requires an understanding of the technology area and the product landscape, proper search methodology as well as the scalability of available tools.
This is where Relecura’s Categorizer comes to your rescue. Using artificial intelligence (AI), Categorizer eliminates the manual tagging and sorting of patent data, providing you with actionable patent intelligence within minutes, which is not manually possible. It converts your training documents into AI models to better evaluate, categorize and bucket your technical data without human intervention.
‘Categorizer’ categorizes patent portfolios using a two-step process. In the first step, an AI model is created using a list of training documents. The model created in the first step is used for categorizing/bucketing patent portfolios in the second step. Multiple AI/ML/NLP algorithms available on the platform for processing technical documents are combined in this tool for providing a highly accurate categorization of patent portfolios.
You can derive insights on the different sections of patent portfolios for the following actions:
Categorizer follows a two-step process that allows you to classify/bucket your patent data within minutes.
In the first step, Model Creation, a manually-curated trained patent set is used to create an AI model that is uploaded on the platform. The model prunes the patents in the set to create a subset of the patents that are relevant to the topic.
In the second step, Patent Categorization, the patents are classified via the created model using AI/ML/NLP algorithms available in the platform for processing technical documents. The accuracy is maintained by pruning out less relevant patents using the model.
This provides you with categorized patent data that can be further used to gain technical insights, track technology trends and obtain market intelligence. Categorized patent data also helps you in monitoring the technology areas of your interest as well as those of your competitors.
Visit Categorizer and begin making sense of your patent data.
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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