IP Strategy Report from intellectual property analytics
company Aistemos studies the impact of technology in financial
services, aerospace and defence and the automotive industry as
well as the impact of Industry 4.0.
Among the report’s interesting findings are
insights into disruption in IP.
Respondents were asked to identify the likely sources of
disruption. The highest scores were for disruption from new
entrants (52.1%), large technology companies (44.2%), start-ups
(42.5%) and existing competitors (41.7%). The "Other" category
included Brexit, court decisions and standards.
The report says established technology companies will have a
bigger role to play as a result. "In this category are both the
well established (e.g. IBM, HP, Intel) and the newly
established technology companies (e.g. Google, Amazon, Apple),"
it says. "This cohort, taken as a whole, understand the
importance of patents, and know exactly how best to leverage
intangible assets to deliver tangible returns."
The report warns to "expect higher levels of patent
litigation". Aistemos’ research suggests an era
where there is widespread acceptance of the need for more
collaboration. "At the same time, while the automotive sector
is hoping for the best, they are preparing for the worst," says
The survey also asked about technologies that will cause the
disruption, with a broad range of technologies given.
Artificial intelligence (75.8%) leads, then the Internet of
Things (44.2%), closely followed by blockchain (42.4%).
The report explained: "What is reinforced by the sector
studies is how universally applicable these technologies will
be. Using AI and machine learning as an example, it has a broad
application. For example in fintech, it is being deployed in
the back-office (risk assessment) and on the front line
interacting with customers. Both automotive and A&D are
investing in AI for autonomy on land, air and sea. Other
sectors embracing AI include healthcare (the primary focus for
IBM Watson), retail (recommendation engine) and social media
Nigel Swycher, CEO of Aistemos, and Steve Harris, its CTO,
will be taking part in a session about the impact of artificial
intelligence on IP strategy at Managing IP’s IP
Corporate Strategy Summit. The event has free registration for
senior IP counsel, general counsel and heads of legal. More
details can be found here.
To apply for a place email firstname.lastname@example.org.