HOME     MENU     SEARCH     NEWSLETTER    
NEWS & INFORMATION FOR TECHNOLOGY PURCHASERS. UPDATED 4 MINUTES AGO.
You are here: Home / Business Briefing / IBM Tool Scans Patents for Key Data
Build Apps 5x Faster
For Half the Cost Enterprise Cloud Computing
On Force.com
IBM Releases Tool for New Kinds of Patent Searches
IBM Releases Tool for New Kinds of Patent Searches
By Barry Levine / NewsFactor Network Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
DECEMBER
28
2011


A new analytical tool from IBM is helping scientists scan patents and other intellectual property for information about molecular data. The cloud-based strategic IP insight platform, or SIIP, uses image analysis and enhanced optical recognition of chemical images and symbols to quickly obtain the information, a process that otherwise could take months to do manually.

The platform, housed in the IBM SmartCloud, processes documents in the U.S. Patent and Trademark Office, the European Patent Office and the World Intellectual Property Organization, as well as the public domain documents in the U.S. National Library of Medicine's MEDLINE database.

Originally In-House Tool

SIIP was originally developed for IBM'S own use, and it has been used by hundreds of IP experts in the company for management and licensing. The company said that many top life-sciences companies also use SIIP because of its special focus on sifting patents for biological and chemical information.

SIIP can process molecular structures drawn as chemical compounds, and is being used to extract molecular and chemical information from patents, abstracts and other documents within hours of their publication. To date, more than 200 million chemical instances, gleaned from more than 30 million documents, have been extracted.

A user can perform analytics through a Web browser. Searches can be conducted via a drug's trade name, generic name, chemical ID number, or even by drawing the chemical structure inside the tool. Identical or similar compounds will be returned within seconds. The tool can also show trends in the industry, a competitive landscape, a prior art search and other analysis.

Via the IBM SmartCloud, the information can be shared within an organization, or among organizations. The company said that the tool improves R&D productivity, increases IP licensing, supports open innovation initiatives, helps to identify potential collaborators or acquisition targets, presents competitive intelligence, and increases the rate at which patents and grants are awarded.

Contribution to NIH

Because of the value of the retrieved information to the scientific community, IBM has donated to the National Institutes of Health an SIIP-created database of more than 2.5 million unique chemical compounds, along with the references in the literature. The database, extracted from million of patents and scientific documents, is expected to allow medical researchers to more readily understand relationships between chemical compounds.

Dr. Ying Chen, IBM research scientist, said the database donated to NIH will be used in conjunction with NIH's existing "rich set of content," such as comparing uses for a given compound across the literature.

Chen said another major differentiator for SIIP is the ability for natural language processing, instead of the keyword-based searching common in other such search engines. She also noted that SIIP has applications in other industries that use chemical information, such as consumer electronics, automotive, or oil and gas companies, and that the software-as-a-service tool "can be extremely useful for smaller companies as well as larger ones."

Read more on: IBM, Patents
Tell Us What You Think
Comment:

Name:

Like Us on FacebookFollow Us on Twitter
TOP STORIES NOW
MAY INTEREST YOU
Salesforce.com is the market and technology leader in Software-as-a-Service. Its award-winning CRM solution helps 82,400 customers worldwide manage and share business information over the Internet. Experience CRM success. Click here for a FREE 30-day trial.
MORE IN BUSINESS BRIEFING
Product Information and Resources for Technology You Can Use To Boost Your Business

NETWORK SECURITY SPOTLIGHT
In late breaking news on Thursday, an unnamed U.S. government official told the press that investigators have solved the vexing question of how Sony’s computer network was hacked.

ENTERPRISE HARDWARE SPOTLIGHT
Almost half of consumer, industry and life sciences manufacturers are expected to be using 3D printers within three years and now 3D printing services are aiming to help companies experiment.

© Copyright 2014 NewsFactor Network, Inc. All rights reserved. Member of Accuserve Ad Network.