Empower your IP success: Unleash innovation with our Large Language model-driven solutions!
- May 14, 2019
On an average, a company invests around 39% of its total expenditure on Research & Development. The investment in the R&D Departments are necessary to keep the company abreast with the changing technologies. The success of R&D lies in alignment of research along with final product development.
- R&D departments have been facing many challenges listed below:
- Keeping pace with the upcoming innovations coming from around the globe each day
- Lack of exposure of the R&D workers to real-time updates in technology trends across the world
- The lengthy process of idea evaluation
- A communication gap with the IP department
With the availability of machines to analyze petabytes of data in milliseconds, Artificial Intelligence (AI) is becoming the core of every business. The learning capabilities of the machines with the recent developments of machine learning algorithms are replicating the experts and accelerating the pace of innovation.
These technologies present a practical use of the R&D departments in following ways:
- Semantic and AI engine to evaluate their initial Ideas
- Suggesting new Ideas
- Reducing the gap between IP and R&D Departments
- Train Machines to extract intelligence from existing innovations
- Setting up coworker learning models within R&D to streamline research
- Shrink teams to increase efficiency and allocate to the machines
- Time optimization which boost up the product launch scenario
Author
Mukul Sachdeva
About TTC
We’ve constantly identified the value of new technology carried out by our pretty skilled executive crew with backgrounds as our professionals. Like the IP professionals we empower, our starvation for development is never-ending. We IMPROVISE, ADAPT, and IMPLEMENT in a strategic manner.
Â
You also can Contact us to set up a consultation.
Â
TT Consultants is a leading partner in intellectual property (IP) management. Our worldwide service range comprises both legal and portfolio services, as well as strategic IP consulting and cutting-edge software solutions for effective IP management.
Â
The TT Consultants offers a range of efficient, high quality solutions for your intellectual property management ranging from Patentability Search, Invalidation Search, FTO (Freedom to Operate), Patent Portfolio Management, Patent Monetization, Evidence of Use, Claim Chart Mapping, and much more. We provide both law firms and corporations in many industries with turnkey solutions.
Share Article
Copied
Recent Posts
Categories
- 5G4 Posts
- AI & LLM17 Posts
- Automobile Industry22 Posts
- CANADA2 Posts
- Case Studies8 Posts
- Chemical8 Posts
- CHINA5 Posts
- Company Trends73 Posts
- Competitor Benchmarking10 Posts
- Consumer Products31 Posts
- Corporate52 Posts
- Country Trends58 Posts
- Design Search4 Posts
- Electric Vehicles3 Posts
- Europe - UK3 Posts
- Freedom to Operate21 Posts
- Geographical2 Posts
- Ideacue1 Posts
- Infringement Search44 Posts
- Intellectual Property (IP)156 Posts
- Invalidation17 Posts
- Inventor1 Posts
- IP Trends135 Posts
- IP Trends Technology Domain1 Posts
- JAPAN2 Posts
- Landscape Analysis18 Posts
- Latest Technology59 Posts
- Life Sciences35 Posts
- Machine Learning5 Posts
- Mechanical Engineering3 Posts
- Medical Devices3 Posts
- Mergers and Acquisitions4 Posts
- Metaverse(AR/VR)9 Posts
- Patent Drafting & Illustrations60 Posts
- Patent Monitoring25 Posts
- Patent Portfolio Commercialization25 Posts
- Patent Portfolio Management49 Posts
- Patent Prosecution62 Posts
- Patentability Search52 Posts
- Pharmaceuticals4 Posts
- Press Release12 Posts
- Semiconductor and Electronics4 Posts
- Smartphone Technology3 Posts
- Standard Essential Patents (SEP)9 Posts
- State of the Art12 Posts
- Tech Scaper1 Posts
- Technology116 Posts
- Technology Scouting12 Posts
- Telecummunication3 Posts
- USA5 Posts