"The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time."
- Henry Ford

E-mobility is unquestionably on the rise. As patent analysis experts, we have seen this trend in the absolute and qualitative increase in patenting in this technology class (IPC & CPC – B60L). According to a recent study by the International Energy Agency, global electric car sales witnessed an astonishing 40% year on year growth in 2018. If this growth is maintained, it is not long before conventional combustion engine cars become a thing of the past like steam powered vehicles. In this context, Automotive OEM's need to ensure they have all the right information regarding this technology to be better prepared to face these changing times. Read on, to know how clean patent data and accurate analytics can provide the necessary insights to your strategic decision making process.

“Our competitors no longer just make cars. Companies like Google, Apple and even Facebook are what I think about at night.”

―Akio Toyoda

While the Automotive industry is no stranger to partnerships between rivals, a recent tide of partnerships to develop Autonomous driving has been raising interest and a lot of questions regarding the fruitfulness of such "tie-ups". Major players like Daimler and BMW, VW and Ford, Renault and Fiat have already formed or are in the process of forming strategic partnerships to develop technologies in the field of “Autonomous Driving”. All these proposed ventures will shape the face of mobility in the future. It is therefore important for the parties in it to ensure that they are forming the right alliances. But how to go about finding out the secret strength that a prospective partner possesses? We believe and can demonstrate that patent analysis, using our award winning software and scientifically validated metrics, is an excellent method to scout for and investigate proposed strategic partnerships. 

“We are what we repeatedly do. Excellence, then, is not an act, but a habit.”

―Aristotle

The entire team is ecstatic about winning the "Best Big Data Reporting & Analytics Solution" award at this years SIIA CODiE awards. This was announced at the  Business Technology & Company CODiE Award Winner Announcement Party at San Francisco. LexisNexis PatentSight was announced one of three finalists earlier this year, in May. The first-round review of all nominees is conducted by software and business technology experts with considerable industry expertise, including members of the industry, analysts, media, bloggers, bankers and investors. The scores from the expert judge review determine the finalists. SIIA members then vote on the finalist products, and the scores from both rounds are tabulated to select the winners. We’re honored and humbled to be receiving the CODiE Award and congrats to all the other winners.

"Success in creating AI would be the biggest event in human history. Unfortunately, it might also be the last, unless we learn how to avoid the risks."

- Stephen Hawking

Despite its wide-spread adoption and further sub-technologies being developed over the years, the field of AI has remained murky to outsiders. For generations, Artificial Intelligence or AI has been depicted to the general public as a threat to our existence or as a superior being which deems our species unworthy of the planet. There exists a definite lack of precise definition of the field and there is little, to no information regarding where the world nations are at with respect to developing the technology.

In pursuit of enhancing the clarity on this topic, EconSight - a leading Switzerland-based Business Research and Consulting firm, partnered with PatentSight and the Swiss Federal Institute of Intellectual Property to conduct a deep-dive into the technology field of Artificial Intelligence. Kai Gramke, who is the CEO at EconSight, presented the findings from the study at the PatentSight Summit 2019.