In the News
Founded in 2007, Innography was conceived as a way to extend manual processes in patent search to true patent business intelligence by developing a set of powerful algorithms that cleanse and normalize data, mine patents for vital information, and automatically make determinations on which patents in a set are the most valuable.
New technologies enabling predictive analysis of big data provide IP professionals with a platform for better decision-making and vastly improved efficiencies. Tyron Stading, president and founder of Innography, a CPA Global company, spoke to WIPR.
A revolution is underway for Intellectual Property (IP). Never before has the IP organization had so many tools at its disposal, launching it from an essential back-office function into an indispensable business partner.
Over the past 18 months, our clients have begun to show greater interest in international patents (e.g. non-US). Increasing client interest in international patents corresponds with the general rise in importance of international patents (continuing ascension of the Chinese market, potential for unitary patent for Europe), more anti-patent owner decisions in the US, and greater patent litigation outside the US. Client interest spurred us to review our existing patent evaluation tools and methodologies for potential improvements.
On July 26th, American high tech developer Apple Inc. (NASDAQ:AAPL) released its earnings report for the third quarter of its 2016 fiscal year. Despite posting quarterly revenues of $42.4 billion, well short of the $49.6 billion Apple took in 2015’s third quarter, the company still beat financial analyst expectations of $42.2 billion in revenue.