At the annual meeting of the Patent Information Users Group (PIUG) in Atlanta, the company Clarivate Analytics introduced a new name for its research and Analytics platform Thomson Innovation, Derwent Innovation. A name change is in full compliance with the enhanced obligations of the company in terms of patents and intellectual property, as well as its competence in the field of innovation promotion at the same time paying tribute to the more than 50-year heritage of the Derwent associated with the qualitative analysis of patent information.
For over half a century Derwent is a leader in the field of patented technologies, content and applications. The new company name reflects the heritage of world patents Index Derwent, characterized by precision and convenience of indexing patent data.
"Using the Derwent Innovation company Clarivate Analytics continues to provide proven patent data and the best of its kind technologies like Smart Search, assisting our clients in ensuring the life cycle of innovation - from inception of concept to its commercialization," said Dan Videtto (Dan Videtto), the President of the division on intellectual property and standards Clarivate Analytics.
Recently received full independence Clarivate Analytics gains momentum and investment in technology, Analytics, and content, providing flexibility in solving customers ' problems. And Derwent Innovation in this sense is no exception. Within the July issue of the Derwent Innovation company publishes accurate information about the legal status (status is active/invalid, the expiry date, etc.) and property rights on millions of patents through the use of innovative artificial intelligence techniques to optimized patent data Derwent.
Given the fact that the average term of a patent is 20 years, and whereas, the application for the extension of terms served in 54% of cases, the difficulty of determining the status of a patent increases significantly. Other available variables further complicate the process. The latest features Derwent Innovation make it easier to determine the validity of the patent and expiration of its validity.
"Accurate data on the legal status and property rights are of critical importance to determine the purity of the patent, confirmation of the option to purchase the rights to the technology licensing and/or transactions, mergers and acquisitions, as well as for an objective evaluation of portfolios of intellectual property, commented Jason Resnick (Jason Resnick), head of segment unit innovation Clarivate. Our predictive data are unique, as we produce the input data used to calculate such information, more transparent, giving clients a clear understanding of the methodology and providing confidence in the results."
The new name takes effect immediately and will be implemented in all products and services of the company for the current year and in 2018.