In the News
IPWatchdog: America’s Big 5 tech companies increase patent filings, Microsoft holds lead in AI technologies
America’s “Big 5” tech companies have been chugging forward with patenting activities in recent years, according to mid-December reports of data released from venture capital resource firm CB Insights. This data suggests that since 2009, a total of 52,000 patent applications have been filed by a collection of five tech giants: Alphabet Inc. (NASDAQ:GOOGL) subsidiary Google; Apple Inc. (NASDAQ:AAPL); Facebook, Inc. (NASDAQ:FB); Amazon.com (NASDAQ:AMZN); and Microsoft Corp. (NASDAQ:MSFT).
The popular story goes that Alexander Graham Bell and the second man to file USPTO paperwork related to invention of the telephone, Elisha Gray, did so on the same day, February 14, 1876, when time of day of receipt was not recorded. The exact order in which their paperwork was received that day by the chief patent examiner and how remains in dispute even now, according to the prologue of The Telephone Patent Conspiracy of 1876.
As robotics forges new paths and fledgling markets for the electronic component supply chains, the shift could force procurement specialists to rethink strategies and expand relationships with suppliers. A report from Innography identifies patterns that analyze how autonomous robots such as cars and drones will disrupt multiple industries and create new product categories for electronic supply chains.
In this special guest feature, Tyron Stading, President and Founder of Innography, provides expert commentary on how organizations can drive more business value from their IP investments through use of big data.
Gartner defines ‘big data’ as “high volume, high velocity, and/or high variety information assets that require new forms of processing to enable enhanced decision making, insight discovery and process optimization”. This is the ‘3Vs’ definition of ‘big data’ and it certainly applies to patent data: the global patent data set today totals over 100 terabytes, with millions of new patent documents and updates made public every week, and the ever-increasing patent data volumes and variety show no signs of slowing down.