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Classifying patents

Unlocking Innovation through Patent Classification

Do you know which patents are relevant to you?

Whether you are trying to understand the competitive landscape, benchmark against it, review your portfolio, explore monetisation options or perform due diligence. It’s unrealistic to be able to read them all to find out.

The Big Data Problem in Patents

Data is growing.

IBM says that 90% of the worlds data has been created in the last 2 years

There are 89m patents in the world

In 2019 3.8m new patents were filed, up 35% from 2016

 

Why Cipher?

Because manually classifying patents is too painful.

Cipher was created to automate the manual process of sorting, tagging and classifying patents to your view of the world.

Why Cipher

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Cipher Classification

With Cipher’s Custom Taxonomies, you are able to see the world through your own technology lens.

View your Custom Taxonomy

 

What is Machine Learning?

Machine learning is a way to achieve human-like results, by training algorithms how to perform complex tasks instead of explicitly coding them.

Gmail have stopped 99% of spam through Machine Learning.

Machine Learning is everywhere today

How can you be sure Machine Learning works to classify patents?

Trust

Can we trust the machine?

How can we see if the

Cipher Machine Learning algorithm

performs when classifying patents?

 

…We need to test it.

Read the full academic study

How to robustly test the Cipher Machine Learning algorithm

This is what we did to test the Cipher algorithm:

1. The patents from the data sets were manually sorted

2. A small section of the data sets were used to train the Cipher algorithm, then

3. The results delivered by the Cipher algorithm were compared against the manual results

 

The following criteria had to be met to deliver a robust test:

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Accuracy Webinar

Cipher hosted a webinar on Developing a Gold Standards for testing the accuracy of the Cipher Machine Learning Algorithm to classify patents in collaboration with Patinformatics LLC. Joined by the Managing Director, Tony Trippe, the webinar covered the following points:

  • How a Gold Standard helps test the accuracy of machine learning
  • The approach to building a Gold Standard that can be trusted
  • Testing Cipher against the Gold Standard

Watch the webinar now

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The Cipher team are able to use the supervised machine learning platform to scan patent activity for any company in the world.

Submit details of the three companies you’d like us to review and we’ll do the rest. Try us out now.

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Book a time to talk with our team

Our friendly team is on hand to discuss your IP challenges or to learn what issues you are facing in managing your patent portfolio.

Instantly book a 30-minute exploratory call with our team by choosing a calendar slot to suit you, in your preferred time zone.

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Explore how Cipher can help to…

Patent data structured, cleansed and classified

Identify regional patenting trends

How can I spot differing  patenting strategies and trends by geographic region?

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Patent data structured, cleansed and classified

Benchmark at the corporate level

How can I use consistent metrics to compare my portfolio against my peers?

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Patent data structured, cleansed and classified

Conduct industry risk analysis

How can I understand the litigation risk associated with my industry?

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Patent data structured, cleansed and classified

Prune your patent portfolio

I need to cut patent budgets, how can I prune my portfolio with minimum impact?

Read more

Want to find out more?

Explore other ways Cipher can help you benchmark your patent portfolio.

Contact us

Insights & Events

Measuring the accuracy of AI for classifying patents – what’s the Gold Standard?

View our webinar where we discuss the Gold Standard for testing the accuracy of patent classification using AI and machine learning.
Read more

Testing for accuracy using independently created Gold Standards

Cipher scores a 98% accuracy in an independently created test.
Read more

The role of AI in evidence-based strategic IP decisions

As patents increasingly take shape as a functional asset class, the use of artificial intelligence looks…
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Could NPEs stifle innovation in sustainable energy?

Patents owned by sustainable energy organisations may be at risk from NPEs, which could stifle any innovation and development of technologies in this area.
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AI throws light on Automotive industry’s billion dollar intellectual property

Automotive Patent Trends is the definitive guide to who’s protecting what across electrification, autonomy and connectivity.
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Case Studies

ARM on classifiers and managing patent budgets

Rob Calico, VP Litigation and IP, discusses the challenges of managing a sophisticated portfolio in a fast-moving technology environment, and how Cipher has helped them manage their patenting strategy and budgets.
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Richardson Oliver Insights on the challenges of IP Teams

COO of Richardson Oliver Insights, Erik Oliver, talks about the challenges faced by IP teams with managing high value portfolios and the increased demand for both better data and better ways to communicate the value of patents.
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Centrica on the value of Cipher

Charles Clark, Director of Intellectual Property at Centrica, discusses the efficiency gains from using Cipher and the tasty bits of data gleaned from using Cipher’s AI over conventional search.
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Cipher Vision Podcast

Cipher’s monthly podcast, Cipher Vision is now into its third season.  Each episode has co-hosts Nigel Swycher (CEO) and Francesca Levoir (Head of Marketing) and a notable guest discuss an IP or patents-related topic.

Guests have covered a range of subjects, from valuation and sustainability through to diversity and machine learning.

Cipher Vision episodes are under 25 minutes and are ideal to listen to during a short break or journey.

Cipher Vision podcast index

Putting Passion in IP

Episode 8 in Season 3 features Anjanette Lecher, Director, Intellectual Asset Management at Corning Incorporated. She shared with us her love of intellectual property, discussing how to take a customer centric approach when analysing and presenting data, adopting the correct tools to support efficiency and visualisations. She also highlighted the importance of a diverse team and the need to make IP accessible.
Read more

SDGs through a patent lens

Episode 7 in Season 3 features Marco Richter, Global Head of Customer Success at LexisNexis Intellectual Property. He highlights the important role that patents play in helping us to become more sustainable, discussing the benefit of measuring innovation in relation to the UN Sustainable development Goals (SDGs).
Read more

Flat, Fast and Focused

Episode 6 in Season 3 features Lorie Goins who shares with us how to approach innovation, by adopting a questioning, inclusive and analytical mindset, drawing on tools to form evidence-based decisions that enhance your business and IP strategy.
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Promoting SEPs Transparency

Episode 5 in the Cipher Vision Podcast series features Tim Pohlmann, CEO, LexisNexis IPlytics. He joins us to discuss the world of SEPs, from areas of conflict to new opportunities.
Read more

Protecting Innovation with Director Vidal

Episode 4 in Season 3 features Director Kathi Vidal of the United States Patent and Trademark Office, who shares her thoughts on how we can improve the innovation ecosystem.
Read more

The Patent Market

Episode 3 in Season 3 features Kent Richardson, CEO, Richardson Oliver insights joined us to share the inside scoop on the patent market, from who is buying and selling and the price, to what the future holds.
Read more

With Cipher you can…

Portfolio Optimisation connecting cogs

Optimise your portfolio

Ensure you have the right portfolio to meet your strategic patenting objectives.

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Competitive Intelligence

Gather competitor intelligence

Understand who’s doing what by automating patent to technology mapping.

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Cross Licensing

Model cross licensing

Combine patent and revenue data to determine rational licensing outcomes.

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Manage your budget

Justify patent budgets and communicate the impact of your investment.

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Conduct due diligence

Automate manual reviews for efficient execution of M&A and licensing transactions.

Read more

Tackle inbound patent assertion

Be prepared with evidence to create a fast and effective threat assessment.

Read more

Benchmark your portfolio

Assess your portfolio in comparison to other owners through your technology lens.

Read more

Monetise your portfolio

Identify opportunities to create value through licensing or sale of patent assets.

Read more
Technology Trends icon

Predict technology trends

Track new technologies and discover the unknown owners of future innovation.

Read more
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Create Risk Mitigation Strategies

Understand the materiality of your threats to define your risk mitigation strategy.

Read more

Improve your patent strategy now

Speak to the Cipher team today.

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