10.23.2024

Accurate analysis, Easy understanding- AI features of the WIPS Global

 

Patent analysis is a very important task for companies and researchers, but the process is quite complex and time-consuming. Even if the technical content is disclosed in detail, patent analysis is still a difficult task even for experts due to numerous manual tasks and technical and legal jargon. Recently, as artificial intelligence (AI) technology has rapidly developed, AI-based features are being introduced in patent analysis. The AI tool is becoming great help not only to patent experts but also to researchers.

There are various patent works that utilize AI, but let's take a look at a few of them.

● Translation

Patent documents are written in various languages, and translation is essential to understand them. Existing patent search engines often provide them using translation engines. The AI ​​multilingual translation can translate patent documents and summarize key contents, and it is evaluated that the translation of the latest technical terms is also natural.

● Understanding and summarizing technical terms

Since patent documents contain very specialized technical terms, it is not easy to accurately understand and analyze them. AI technology can quickly learn massive data to accurately recognize and process technical terms. You can accurately analyze patent documents, identify technical details, and summarize them in general terms to help you easily understand the contents of the patent.

● Discover new business opportunities

You can analyze patent documents with AI technology to discover various technical fields to which the patent can be applied. This can be used to obtain new ideas during the R&D process or to find new business opportunities using existing patents.

● Establish patent strategies

Patent classification and analysis using AI can be one of the most optimized technologies for identifying technological trends. It quickly processes and efficiently analyzes large amounts of data to help companies establish comprehensive and accurate patent strategies. You can classify and monitor patents not only for your company but also for your competitors and use them to establish R&D strategies.

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WIPS Global provides various AI features that can be appropriately utilized for the practices described above. Let's take a look at a few.

AI Summary - This feature allows you to easily and quickly identify the specific contents of an invention by category, from the technical field to the effect. Based on generative AI, the description of the invention is summarized in easy terms instead of difficult terms, allowing the background technology, technical features, and effects of the patent to be understood more quickly and easily.

wipsglobal.com> AI Summary

Provides a summary by 5 categories. Considering the structure of the specification, it provides a summary of the core contents of the relevant patent regarding the technical field, technical problem, technical solution, key features and effects.

It helps to understand the meaning between technical keywords and phrases and summarizes them in general terms to easily understand the patent contents.

AI Search - Quickly finds the information the user wants from millions of data based on keywords or topics (technical content, papers, journals etc.). By extracting similar patents based on specific patents or technologies designated by the user, the user can save time and money while searching for the desired patent information more efficiently.

wipsglobal.com> AI Search

Up to 300 similar patents are searched in order of high similarity by simply entering a sentence. Re-search is possible based on chart-type search results and specific patents. You can also search for the interested technology using 35 types of technical classification information, allowing you to efficiently look through patents.

For more details on the ‘AI Search’, please refer to the previous issue (Webzine #21)

https://wipscorp.blogspot.com/2023/06/no-queries-ai-search-by-neural-network.html

AI classification and analysis - AI is used to analyze technology trends or find similar patents using patent data. AI can quickly analyze large amounts of patent data, so it is used to identify patent trends and analyze technology competitiveness.

WIPS Global's Insight Plus is a feature that maximizes work efficiency by applying AI to patent classification and analysis to effectively process and analyze large amounts of patent information. From complex technology classification to creating chart and report, you can conduct patent analysis more easily and conveniently.

wipsglobal.com> Insight Plus> AI classify

You can obtain accurate results by performing AI automatic classification to create a technology tree. Unclassified patents can be reclassified by selecting similarity according to the learning documents.

wipsglobal.com> Insight Plus> Charts

You can check the charts for all documents at a glance by field. You can analyze charts from various perspectives, such as analyzing the status of technology development activities by country, the company's main technology fields, and the status of market entry.

wipsglobal.com> Insight Plus> Report

You can create a report with the analyzed data. The generated report can be edited not only with charts but also with data. You can download the report you created or share it through a web report.

For more details on the 'Insight Plus' , please refer to the previous issue (Webzine #22)

https://wipscorp.blogspot.com/2023/08/insight-plus-entire-process-of-patent.html


We have looked at several features utilizing artificial intelligence (AI) of the WIPS Global. AI technology is also suggesting a new direction and bringing about changes in the patent industry. We hope you will increase the efficiency of your work with features that effectively utilize artificial intelligence.

 



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