What Did The Patent Landscape of SBI Look Like?

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 SBI’s Profile

State Bank of India (SBI) is the largest bank in India and a multinational financial services company headquartered in Mumbai. It was established in 1955 and is owned by the Indian government. SBI offers a wide range of banking products and services including personal banking, corporate banking, investment banking, and insurance.

With over 22,000 branches and 58,000 ATMs across India, SBI has a strong presence in the domestic market. As of April 2023, SBI’s market capitalization is approximately USD 98 billion, making it one of the most valuable banks in the world.  

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Quantifying SBI’s Patents

As of the end of 2023, SBI’s patent portfolio is impressive, featuring 206 patent families globally. These include some of the most notable SBI inventions, with 132 patent families still alive and 74 no longer active. This reflects SBI’s status as a significant player in the tech industry, with a substantial presence in various SBI countries list 2023, demonstrating its global reach and influence. 

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How Many Patents SBI Have?

What Did The Patent Landscape of SBI’s Look Like?

This Pie Chart Shows the number of active, pending and dead patents.

SBI have 132 alive and 74 dead patent families.

How Many Patents Did SBI File Every Year?

What Did The Patent Landscape of SBI’s Look Like?

How Many SBI Patents File in Different Countries? 

SBI patents are filed in numerous countries, reflecting its international presence and the strategic importance of protecting its inventions across the globe. The SBI countries list 2023 includes major markets where SBI operates and maintains its leadership in autonomous industry. 

What Did The Patent Landscape of SBI’s Look Like?

IPC Classification Wise Patent Trends by Technology Domain

IPC Classification 

Category 

Medicinal preparations containing organic active ingredients  

(A61K31) 

Drugs for specific purposes, not provided for in groups A61P1/00-A61P41/00  

(A61P43) 

Medicinal preparations containing inorganic active ingredients  

(A61K33) 

Antineoplastic agents  

(A61P35) 

Medicinal preparations obtained by treating materials with wave energy or particle radiation  

(A61K41) 

Antiinfectives, i.e. antibiotics, antiseptics, chemotherapeutics  

(A61P31) 

Drugs for immunological or allergic disorders  

(A61P37) 

Image analysis  

(G06T7) 

Medicinal preparations containing active ingredients not provided for in groups A61K31/00-A61K41/00  

(A61K45) 

Preparations for testing in vivo  

(A61K49) 

SBI patents are diverse, covering a range of IPC classifications from Medicinal preparations containing organic active ingredients (A61K31) to Preparations for testing in vivo (A61K49). SBI stats reveal that the company not only focuses on current technological needs but also paves the way for future advancements.

Emerging Trends in Industries: A Comparative View

Feature 

G06T7 (Computer Technology/Graphics Processing) 

A61K31 (Medical Technology/Pharmaceuticals) 

Focus of Innovation 

Advancements in computer graphics rendering and processing 

Development of new pharmaceutical drugs and compositions 

Key Technological Advancements 

Real-time ray tracing techniques for enhanced visual fidelity, High-performance computing for graphics processing (GPUs), Virtual Reality (VR) and Augmented Reality (AR) applications, Machine learning for image/video processing. 

Drug delivery systems and controlled release mechanisms, New molecular targets and mechanisms of action, Biologics and gene therapies, Personalized medicine and targeted therapies. 

Top Patent Filing Subcategories  

Real-time ray tracing algorithms, High-performance graphics processing architectures, VR/AR display technologies, Machine learning for image/video enhancement. 

Drug delivery systems, New molecular targets and mechanisms, Biologics and gene therapies, Personalized medicine diagnostics/therapeutics. 

Impact on Industries 

Gaming, entertainment, media & production, Engineering design & simulation, Architecture & urban planning, Scientific visualization. 

Pharmaceuticals & biotechnology, Medical devices & diagnostics, Personalized medicine & genomics, Healthcare IT & data management. 

Projected Future Trends 

Continued focus on real-time rendering and visual fidelity, Integration of AI for more realistic and interactive graphics, Cloud-based graphics processing for broader accessibility, Advancements in VR/AR technologies for various applications. 

Development of new drug discovery platforms (e.g., AI-powered), Focus on precision medicine and targeted therapies, Increasing adoption of biosimilar drugs, Growing importance of combination therapies. 

Comparing different aspects of SBI patents, such as Computer Technology/Graphics Processing and Medical Technology/Pharmaceuticals highlights the company’s foresight in areas like artificial intelligence and wireless technologies. These trends are indicative of where SBI inventions are steering the future of technology.   

Notable Publications and Citation Frequency

The Chart below depicts the patents with most number of forward citations. These patents are likely to be the source of advancement in the domain and can be considered as valuable and core inventions. 

Conclusion

In conclusion, the State Bank of India (SBI) has established a formidable patent portfolio over the decade from 2013 to 2023, demonstrating its commitment to innovation and technological advancement.  

With 206 patent families, including 87 active ones, SBI has significantly contributed to sectors ranging from medicinal preparations to computing technology. The strategic focus on diverse technological domains not only strengthens SBI’s position in the banking sector but also supports its vision for a sustainable future. This analysis reveals SBI’s proactive role in shaping industry trends and its potential to influence future technological implementations, underscoring its pivotal role in the global banking landscape.      

Note: This Data is extracted from 2013 to 2023 and on the basis of patent Families.

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