WIPS New Product, "A.I Patent Classifier"

 

We’d like to introduce “ A.I Patent Classifier “ which WIPS has newly launched in 2022.

  A.I patent classifier is a patent document automatic classifier. As bigdata, a huge amount of patents are filed around the world every year. Because patent describes various technologies and includes both structured and unstructured data, there are many difficulties in collecting and researching patent information. In general, patent research requires a search query in a specific technical field to remove noise and classify the collected patents. Since this process is mostly done manually by reading and classifying the technology, it takes a lot of time and money, and requires so much energy. A lot of efforts have been made in the past to automate the classification of patent documents in various ways, but to no avail. But now, A.I technology have made surprising advances.

  WIPS has been conducting professional A.I R&D on patent data for a long time, and has now released A.I patent classifier this year with specialized technology and data for patent literature.

  In patent research and analysis, denoising (which means filtering patents that is not fit the analyzing purpose) and classifying works are very essential but costs a lot and time-consuming because  most of it is done by hand. It is really hard work. Although we have IPC, IPC information does not respond to the rapidly changing technology system and is not suitable for use as a technology classification system for patent analysis because it is submitted directly by the applicant. Moreover, in the field of new technology, it is difficult to find suitable experts, and the criteria for classification are different depending on the analyst. 

  Patent classification requires prior classification of patent documents so that suitable results for the purpose of patent analysis can be derived. Even the same technology, classification is different depending on purpose of structure, method, etc. It makes more difficult to produce classifier products by the reason that a single classification criterion for a particular technology can’t be defined.

 WIPS' A.I patent classifier is a customized classification that is trained with the user's correct answer data. So it’s a unique classifier for the user (or company) only.

  It learns user’s correct data using 5 specialized AI algorithms and generates a classification engine which is best fit for the user’s data. Companies with internal classification criteria can be more tailored to this services. It enables consistent, short-time processing of review, denoising, and classifying that must be repeated over and over again.

The inference result provides three categories per patent and the probability of each inference result. Numerous tests have confirmed over 90% accuracy.

  Based on the classified patents worked by A.I patent classifier, you can identify trends by technology field and establish R&D strategies. In addition, you can establish a response strategy by analyzing the main technologies of competitors and identifying whitespaces.

 

Create your own classifier by learning the correct answer data you have.

For more information, please contact, global@wips.co.kr