Huawei has demanded 1 billion dollars from Verizon as licensing fee for over 230 of its patents. The patents relate to a range of technologies such as wireline infrastructure, network equipment and hardware, communications technology and the Internet of Things (IoT).
Huawei, one of the leading companies in telecommunication equipment and consumer electronics, was founded in 1987 and engages 188000 employees at present across the globe with more than 75000 of them in R&D alone. In the 2017 fiscal year it invested US$13.8 billion in R&D and has generated a revenue of US$108.5 billion in 2018 which is 21% more than the previous year. The company is present in 170 countries and its global expansion has triggered cybersecurity concerns regarding its products in various parts of the world.
Huawei is meeting with more resistance in the western democracies now that 5G is an immediate prospect. However, it has already established itself in this space, capitalizing on the level playground guaranteed in the west.
A quick analysis on the Relecura platform tells us that Huawei is ahead of the rest of the competitors in the 5G space and is constantly innovating as well. It is interesting to note that while Huawei has 118378 active patents and applications, Verizon has only 7533.Figure 2 shows that Huawei has shown an upward trend in published patents starting in 2008. From 2015, the number of published patents show a sharp rise, leaving its competitors further behind. The divergence in the number of published patents between Huawei and its competitors becomes apparent starting in 2007. Huawei’s forte has been innovation which is evident from its R&D investments. During its 32 years of existence, Huawei has streamlined a great deal of its resources to enter the world market and is expected to stay there, being the world’s largest telephone equipment maker, especially in 4G, and one of the leaders in terms of declared 5G standard-essential patents (SEP). Indeed, the jockeying for IP leadership will have a cascading effect in the wireless sector in the coming years as 5G will impact multiple industries, ranging from automotive and finance to healthcare, media and manufacturing.
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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.”
“Ralecura 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, inhouse 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 inhouse innovation management smooth and accurate, in addition to being synchronized with the global technology frontline,’
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