Back in November of last year, George Koomullil, our Founder & CEO, outlined a somewhat radical proposal. In it he made a call to make IP more transparent so that it may be brought into the mainstream. He suggested some steps that could hasten this process. The crux of George’s proposal was that there needed to be a common framework to capture the technical and legal parameters of patents in a uniform manner upfront when the patent is filed. This would enable it to be accessed easily in a known and transparent manner later when required.
Fast forward two months later to Relecura’s New Year’s release and we begin to see the shape of the technology enablers that might help implement such a plan. Relecura’s New Year’s release includes the following modules – Taxonomy Builder, Portfolio Manager, and Automated Reports.
There are two areas where Artificial Intelligence (AI) comes in handy. The first is to represent the knowledge available in IP documents through an appropriate formal framework. The second is to assist in accurately capturing the knowledge from patent documents into the framework. We are some way off from capturing knowledge from a patent claim into a formal framework. Capturing the knowledge to a reasonable level from patent portfolios and from subject matter experts is however possible.
Using the Taxonomy Builder, Relecura has devised a framework to “encode”, capture and reuse the knowledge available in patent portfolios and with subject matter experts. The encoding is structured in the form of a hierarchical taxonomy, and in a language transparent to the users. AI assists in the capture of the appropriate parameters to accurately specify the technology or knowledge. The taxonomies form a knowledge-base. They are “decoded” to obtain insights, by being mapped to various patent portfolios. The Automated Reports module does the job of disseminating the IP insights in a readable manner that even non-IP professionals can understand.
This is a small step towards the idea set forth by George. Relecura’s new release points to the direction in which the goal of making IP more transparent may be achieved. The benefits that accrue from transparent IP knowledge-sharing will hopefully prompt the various stakeholders in the innovation ecosystem to buy into the idea.
See the video below to get a better sense of how the three modules in Relecura’s new release work in tandem to deliver the goal of better IP knowledge and portfolio management. If you would like an in-depth demo, mail us at firstname.lastname@example.org and we will set one up for you.
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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