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Role of Artificial Intelligence in Intellectual Property

For decades AI has been a technology that can manipulate large volumes of data efficiently and quickly. It can also help identify the patterns and speedily analyse the ideal solution, which can be applied to several day-to-day scenarios. Moreover, it has been set to come of age in the era of big data and real-time decisions, where AI can offer solutions to old challenges and issues.<br><br>For more information, please visit @<br>https://www.iebrain.com/what-is-the-role-of-artificial-intelligence-in-intellectual-property/

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Role of Artificial Intelligence in Intellectual Property

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  1. RoleofArtificialIntelligenceinIntellectualProperty For decades AI has been a technology that can manipulate large volumes of data efficiently andquickly.Itcanalsohelpidentifythepatternsandspeedilyanalysetheidealsolution,which can be applied to several day-to-day scenarios. Moreover, it has been set to come of age in the era of big data and real-time decisions, where AI can offer solutions to old challenges and issues. Let’stake,forinstance,trafficmanagement.London’sinitialtrafficmanagementsystemwas amanuallyoperatedgas-littrafficsignalthatexplodedtwomonthsafteritsintroduction.Since theinauspiciousstart,acomplicatednetworkofroadclosures,trafficlights,traffic management,andpedestriancrossingshaveservedtodrivethecomplexityof travelinginthe city. Nowtrafficgoes moreslowlythanever,soseveralnewsystems areaddedtomanagethe system better. AI can change it. It can instantly gather information on the traffic volumes, current blockages, and historical trends to provide the ideal solution for the traffic in London. It can do this in real-time, continually managing and tweaking flow to deliver the best outcome. AI is the increasingly best technology for organizations wanting to solve the more complicated and burdensomedata challenges. Digital retailers are mainly utilizing AI to forecast electricity demand. Most mobile networks use AI to manage the increasing demand for information. Weare standingon the threshold ofthe new age ofAI technology. TheIPindustryisanothermarketwhereAIhasaprofoundeffect.Conventionally,itispowered bymanualsearches,paper,andlengthydecision-makingprocesses.AIcansimplifyday-to-day taskstodeliverenhancedinsightsfrom the IP data. Reducing RiskandEnhancingEfficiency The administrative tasks of the IP are highly intensive and risky areas of the IP. The law firms and corporate IP departments might anytime cover the thousands of individual items of IP data across several jurisdictions, dealing with several products. Historically, it has been a slow procedure andsignificantlymanual. Hundreds of items of paperwork might be generated in a different language, each with its opportunitiesandchallenges. Each data currently would be checked manually and input in any IP management system. Naturally enough, this could result in errors in data processing. Now consider this across severalpatents.Opportunitiesformistakesareboundless.Well,IPremainsthemost treasured asset for several organizations. A simple mistake in imputing the renewal data can risk losing an asset worth millions. Well, it is worth noticing that the WIPO (World Intellectual Property Organization) estimates around a quarter of patent information is wrong. Thus, the risks arebetterevident.

  2. Additionally, the considerable time and cost from the manual labor indulge in imputing the data. This activity can be automated, allowing law firms and IP experts to be dedicated to more strategic issues. AI Technology is proficient in processing large sets of data instantly and accurately. Also, it enables IP experts and law firms to take up more strategic roles in the company, getting insights from the data to shape future company performance while leaving manyordinary aspects ofIPmanagementtothe systems. For moreinformation,pleasevisit @ https://www.iebrain.com/what-is-the-role-of-artificial-intelligence-in-intellectual-property/ AboutIngeniouse-BrainSolutions: - Ingenious e-Brain Solutionsprovideshigh-quality,customized, andcost-effectiveTechnology Intelligence,BusinessIntelligence, andIntellectualPropertyIntelligencesolutions toindustry leaders,andinnovativecompaniesacrosstheglobe.Innovation,knowledge,andtransparencyform thebasisofourcompany’smissionandvision.Alongwithcostbenefits,weprovidehighestquality results ensuring fool-proof confidentiality and security. We are an ISO certified company with offices inIndiaandUSA. Ingeniouse-BrainSolutionshasastrongteamof analysts,andsubjectmatterexpertswithdomain proficiencywhichisdevotedtohelpclients grow.Ourhighlyqualifiedprofessionals offertailored, value-addedandcost-effectiveservicestoourclients.Webelieveinbuildinglongterm relationshipswithourclientswhoincludenationalandinternationalcorporations,Fortune500 companies,world’sleadingresearchinstitutesanduniversitiesaswellasindependentinventors. GetinTouch:- IndiaOffice 207-208 Welldone TechPark,SohnaRoad Sector48,Gurugram,Haryana122018,India +911244294218 Email:- queries@iebrain.com

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