Welcome!

@BigDataExpo Authors: Yeshim Deniz, Christoph Schell, Liz McMillan, Elizabeth White, Matt Brickey

Related Topics: @BigDataExpo, Agile Computing

@BigDataExpo: Blog Post

2017 Predictions for Intellectual Property Professionals | @CloudExpo #BigData #Analytics

A look back at 2016 and view forward into 2017

2017 Predictions for Intellectual Property Professionals and the Patent Analytics Industry

For better or worse, no one can say that 2016 was dull. And while it might not have produced quite as much excitement in the IP world (phew!), 2016 wasn’t without some notable IP shifts.

Last year I shared my predictions for 2016. As we kick of this inaugural post on IP Analytics, let's take a look back at how I did and then I'll give you my predictions for 2017.

Private and public data unite, creating a single cohesive story

For my first 2016 prediction, I said that, "Instead of having silos of data, companies will finally be able to gain insights from private and public data around their portfolios." I kind of cheated on this one because we were already deep in the works of creating PortfolioIQ, a new capability that bridges the gap of information available from your internal systems (IP management, docketing, spreadsheets, financial systems, etc) and public IP data and analysis. It may seem like this capability has been available in the marketplace for some time already. But the accurate integration of internal system data requires bulk import and synchronization, and if records aren't matched correctly, all you'll end up with is multiple records of disparate data. No single picture or view to your IP portfolio, no means for making better decisions. I'm proud to say that the Innography team does not release any feature or capability until it actually solves the problem for our customers and with PortfolioIQ, that is something we have accomplished.

Analytics integrate into the IP workflow

I talked about how workflow and analytics are too isolated from one another (a breeding ground for missed opportunities), and that 2016 would be the first year professionals don't have to juggle multiple interfaces and systems because workflows will proactively suggest new strategies and highlight data that is relevant to daily decisions. There's still a long way to go, but we are definitely seeing some integration between analytics and IP management systems. Look for this integration to deepen, and in more creative ways than a simple link between systems. I'm talking about actual integration into a workflow on a single screen.

Patent professionals become Big Data scientists

I predicted that the demand to integrate more and more data into a unified model will increase as IP professionals continue to become more savvy about data quality, practical decision metrics and analytics -- that they will understand that Big Data should incorporate ALL the data, including litigation, company financials, PAIR prosecution, etc. Services, renewals and software are clearly working together more, but this is another long journey that might take a few more years to be fully realized. The industry has shown an understanding of this need for change in how we consider IP data, and the media is also beginning to talk about Big Data for intellectual property.

Budget pressures extend further into IP

Budget cut requests in the IP process have been a trend for the last few years, and I predicted it would only continue as uncertainty in the global economy continues. Corporations are being forced to reevaluate processes, and no doubt the words, "optimize" and "optimization" are used frequently. We continue to be sought out by customers seeking to help cut costs intelligently while minimizing risk. While we have released unique cost predicting models to help, this trend will require additional tools and models to evolve around ROI metrics. It is becoming clearer that the return on IP investment to the organization is a central question, so this trend will continue. They key for IP professionals to be successful in addressing these pressures is gaining agreement on how the ROI of IP is calculated.

IP becomes central to R&D innovation

Here's another one on which I may have had inside knowledge. I predicted that R&D and IP would work more seamlessly together in mitigating risks, while increasing strategic focus around collaboration and invention. I've had this conversation with heads of IP and R&D alike, and over the years, I've wanted to tackle it. I'm proud to say that this "prediction" is now reality after 8 years of our own R&D with the launch of IdeaScout. IdeaScout is a very unique solution in that it targets upstream ideas and trade secrets to streamline the entire innovation process from start to finish. Companies are fully aware of the pains of working upstream and the cultural and social change required in order to succeed with idea submission and innovation management, so rest assured we will continue to streamline and refine the process.

Software transforms IP operations

At the beginning of 2016, we'd already seen large productivity improvements and improved business intelligence with analytics. I said that using software to make our lives easier and automating the manual, redundant processes would continue to accelerate, as has long been the promise. Last year, we made real progress with one of the most basic functions: data verification and matching. Matching a case to a public record and finding the differences has been a huge barrier for companies, so we are very excited that we were able to automate the process-making a massive improvement that will surely reap major benefits of in 2017.

All in all, I wasn't too far off! Now, let's leave 2016 behind and get started on 2017. Here are a few macro-trends I foresee for the next 12 months:

Artificial Intelligence improves data quality

We will begin to tap into the great power of AI to inform data quality and optimize outcomes in decisions. The volume and quality of data are getting close to complete, it's staggering to realize how much information is now readily available through our software. Layering in AI-based algorithms minimizes the complexity of making sense of all that data and we continue to partner with customers around these solutions.

IP functions transition more to the cloud

While companies still have much of their IP data onsite, the volume and velocity of the data is too much to handle internally. Furthermore, the power of the infrastructure is tremendously more advanced in the cloud, leading to better cost models, and faster, more scalable results.

IP departments get security budgets

With the recent hack of several IP law firms, it's clear that dedicated security operations for IP departments are a necessary measure. As they currently stand, budgets simply don't exist internally for IP IT teams to keep up with all the security monitoring and trends for these systems. Managed services and cloud infrastructure have a major dual benefit of an improved technical experience with a more manageable cost model.

What do you think the biggest IP trends will be this year? I'd love to hear what you think, and if you agree or disagree.

More Stories By Tyron Stading

Tyron Stading is president and founder of Innography, and chief data officer for CPA Global. He has been named one of the “World’s Leading IP Strategists" by IAM, and one of National Law Journal's "50 Intellectual Property Trailblazers & Pioneers". Before Innography, Tyron was an IBM worldwide industry solutions manager in the telecommunications and utilities sector, and worked at several start-ups focused on mobile communications and networks security. He has published multiple research papers and filed more than three dozen patents. Tyron has a BS in Computer Science from Stanford University and an MS in Technology Commercialization from The University of Texas.

@BigDataExpo Stories
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
SYS-CON Events announced today that Calligo, an innovative cloud service provider offering mid-sized companies the highest levels of data privacy and security, has been named "Bronze Sponsor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalised support service from its globally located cloud plat...
"We focus on SAP workloads because they are among the most powerful but somewhat challenging workloads out there to take into public cloud," explained Swen Conrad, CEO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Outscale was founded in 2010, is based in France, is a strategic partner to Dassault Systémes and has done quite a bit of work with divisions of Dassault," explained Jackie Funk, Digital Marketing exec at Outscale, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are still a relatively small software house and we are focusing on certain industries like FinTech, med tech, energy and utilities. We help our customers with their digital transformation," noted Piotr Stawinski, Founder and CEO of EARP Integration, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We've been engaging with a lot of customers including Panasonic, we've been involved with Cisco and now we're working with the U.S. government - the Department of Homeland Security," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We want to show that our solution is far less expensive with a much better total cost of ownership so we announced several key features. One is called geo-distributed erasure coding, another is support for KVM and we introduced a new capability called Multi-Part," explained Tim Desai, Senior Product Marketing Manager at Hitachi Data Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We provide IoT solutions. We provide the most compatible solutions for many applications. Our solutions are industry agnostic and also protocol agnostic," explained Richard Han, Head of Sales and Marketing and Engineering at Systena America, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Peak 10 is a hybrid infrastructure provider across the nation. We are in the thick of things when it comes to hybrid IT," explained Michael Fuhrman, Chief Technology Officer at Peak 10, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
"The Striim platform is a full end-to-end streaming integration and analytics platform that is middleware that covers a lot of different use cases," explained Steve Wilkes, Founder and CTO at Striim, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are focused on SAP running in the clouds, to make this super easy because we believe in the tremendous value of those powerful worlds - SAP and the cloud," explained Frank Stienhans, CTO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DX World EXPO, LLC., a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Cloud computing is certainly changing how people consume storage, how they use it, and what they use it for. It's also making people rethink how they architect their environment," stated Brad Winett, Senior Technologist for DDN Storage, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
While the focus and objectives of IoT initiatives are many and diverse, they all share a few common attributes, and one of those is the network. Commonly, that network includes the Internet, over which there isn't any real control for performance and availability. Or is there? The current state of the art for Big Data analytics, as applied to network telemetry, offers new opportunities for improving and assuring operational integrity. In his session at @ThingsExpo, Jim Frey, Vice President of S...