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AI That Makes an Impact: 5 Tips for Using AI in Patent Monitoring

In a fast-paced and data-driven world, artificial intelligence (AI) is now at the center of a technological revolution that is profoundly changing the way we live and work every day. The technology that was once considered science fiction not so long ago has now found real and tangible applications that go far beyond simple automation tasks. In medicine, AI can make precise diagnoses and develop personalized treatment plans. In the financial sector, it is revolutionizing trading with algorithms that analyse market movements in real time. Even in agriculture, AI is ensuring more efficient crop yields through the use of drones and soil analysis.

In this article, we want to show you 5 advantages that our AI provides in the area of patent monitoring. Use cases where artificial intelligence not only reduces costs and saves time, but also opens up new possibilities. Immerse yourself in this fascinating world with us and discover how AI can facilitate and change your work in patent monitoring in particular.

#1 Mastering the Flood of Patents:

With the ever-growing number of patent applications, it can be overwhelming to keep track. AI helps enormously to ensure that no important information is overlooked and provides comprehensive coverage.

➔ Our AI provides enormous support in sifting through and analyzing a large amount of patent documents. With various tips and features, you need to read less and get the results you want faster.

#2 Recognizing and Understanding Trends:

AI can process and analyze huge amounts of data in fractions of the time it would take a human. This ability enables the rapid detection of trends and characteristics that might otherwise remain hidden.

➔ predori is the gateway to large amounts of data and precise information in a matter of seconds.

#3 Risk Minimization & Hedging:

By thoroughly analyzing patent data, AI can identify potential risks and provide valuable insights. This proactive approach to risk management can save organizations from costly litigation.

➔ AI-supported patent analysis enables proactive risk management and can prevent costly litigation. Also with regard to directors’ and officers’ liability.

#4 Save Time:

The correct and targeted use of AI significantly reduces the time required for patent monitoring tasks. Tasks that used to take hours can now be completed in minutes, giving IP experts more time for strategic tasks. In addition, designers can shorten their development times and accelerate innovation.

➔ AI speeds up various tasks in patent monitoring enormously. Valuable time can therefore be saved.

#5 Save Costs:

The efficiency gains from AI not only save time, but also reduce costs in various areas. By making tedious tasks easier, organizations can use their resources more effectively and achieve better results.

➔ AI-supported work increases efficiency, reduces costs and optimizes the use of resources in organizations. The shortened development cycles ensure lower development costs, a stronger market presence and greater innovative strength.

Gamechanger for the Intellectual Property Sector

We have developed an AI-based industry solution that can make various patent monitoring activities significantly more efficient. With the help of state-of-the-art technology, we have created functions that significantly simplify and accelerate work relating to patents. Used correctly, this can create a strong competitive advantage.

In other words, it can be a real game changer for the intellectual property sector. Not in the future, even today! Many are already benefiting from the potential applications offered by AI. Reading the content and meaning of a patent sometimes takes a lot of time, which can be reduced many times over with our AI application.

Our innovative approach strengthens the innovative power of our customers by offering functionalities that make tedious work easier and speed up important processes.

  • Therefore it is important that an AI application supports users in the best possible way and relieves them of time-consuming work.
  • It is even more important that AI works comprehensibly and correctly. It must handle the data sets carefully, deliver highly accurate results and prepare the information transparently and validly for users.

How does predori deal with This?

predori turns the challenge of understanding and using complex patent data into a simple task. Our features translate complex content into clear, easy-to-understand summaries. Ask a question – whether about a single technical nuance or about general technical divergences. You get immediate access to patent document information from extensive lists of well over thousands of documents and can capture them simultaneously without having to read them. In addition, predori provides fast, precise, correct and, above all, comprehensible answers to your questions – in real time.

predori as the ANTI-BLACKBOX

Many IP experts are concerned that results of artificial intelligence are in a black box. Validity is a decisive factor, especially in the IP world. After all, available information is the basis for important decisions.

This is why predori was developed. We believe that AI must always explain why something was found or done. It must provide evidence and documentation. It must present comprehensible processes and results.