Posts Tagged: "data mining"

A Repeatable Approach To Portfolio Monetization

To successfully monetize a patent portfolio, it is incredibly important to identify value within it, and to put in the work to prove to third parties and potential partners that that value exists… With the data-driven part of the mining exercise complete, the appropriate subset of patents can be turned over to the SMEs for evaluation of patent strength and enforceability. SMEs know the technology of a given field, they understand how technology has been implemented across multiple players in a given market, and they can reach a truly informed understanding about whether or not a given patent claim is being used in end product, whether or not that use can be detected, and what issues may be encountered in detection.

Privacy and Security in the Age of the Driverless Car

The privacy implications of the driverless car are significant. The data that such a vehicle could collect and the potential uses of that data could be extraordinarily intrusive. Driverless cars could provide both historic and real-time, continuous geolocation data. Companies could utilize this data to determine not only your current location and destination but also every place that you have been. This data could lead to commercially valuable, but extremely sensitive and intimate information about individuals being discovered. Advertisers may be able to discern the purchasing patterns of individuals by tracking what stores they frequent. Insurers may be able to determine what the lifestyle of individuals is like by following their daily activities (e.g., constant trips to the gym) and dining habits (e.g., persistent trips to fast food restaurants).

Patent Landscaping: Sorting the grain from the chaff

Companies at the cutting edge of their industries have realized the immense value of their patent portfolios and are still trying to make the most of that value – but it is not easy. A semiconductor or electronics company can have tens of thousands of patents; finding the patents that are the most valuable is one of its biggest problems. These patents are needed to determine the strategy for patent sale, licensing or litigation, and without them the company is basically stuck and can’t move forward. The process is like sorting the grain from the chaff.

IBM sales slump continues but Watson is getting brighter

Despite shrinking revenues, IBM may be able to chart its way back to stability if success continues for its Watson cognitive computing platform, the corporation’s fastest growing division by revenues and one which is proving applicable to a surprising range of industries. To profile IBM’s recent research and development related to Watson, we thought that we’d profile a series of data analytic and predictive modeling technologies for which IBM has been issued patents. For example, the evaluation of medical diagnoses for evaluating predictionaccuracy is detailed within U.S. Patent No. 9,235,808, entitled Evaluation of Predictions in the Absence of a Known Ground Truth. It claims a method to evaluate a prediction that a patient has a given disease by collecting a plurality of clinical data from each patient.

Uber’s $50 billion valuation propped up by data mining practices

Is Uber really a technology company? Essentially, Uber runs a car service and at first glance the company is no more a technology company than any other company that happens to have an app, such as your local grocery store. But as you dig deeper you start to see that Uber’s value is not in running a car service, but rather in mining all kinds of data from the devices of those using its service. In fact, Uber’s privacy policy, which governs the information users allow them to collect from their devices, is substantially longer than the document labeled “terms of service.”