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GlobalData's Patent Statistics and Analysis 2021 report offers detailed insights into the patent technologies, top patent sectors, licensing & litigation trends, and social media & trend analysis.:

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The patent filings trends show that edge computing is the next big technology followed by robotic process automation. Industry 4.0 is driving the patent filings in edge computing while growing demand for smarter automation is escalating the filings in robotic process automation.

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The COVID-19 pandemic has resulted in the development of new methods of approaching consumers and boosting retail patent filings. Moreover, AI in retail continues to play a major role in improving demand forecasting, which assists in pricing decisions and optimizing product placement, among others. In the mining sector, the research was primarily focused on real-time monitoring of stress in excavation, pneumatic sand lifting, and monitoring of rock-breaking machines.

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Key findings include::

  • Despite the pandemic, patenting activity shot up in 2021 where China continued to exhibit its hegemony

  • Asian companies spearhead the patenting activity, Samsung grabs the top spot while Huawei the fastest growing

  • China dominates patent filings among startups and universities

  • Edge computing has garnered the highest traction in patent filings followed by robotic process automation

  • Quantum computing is moving beyond the initial hype

  • Retail sees the highest patent filings influenced by the pandemic

  • Patent licensing surges up to reduce the risk of infringement litigations

  • Tech giants such as Apple, Google, and Samsung were abuzz in the news for infringement litigations

  • South Africa’s patent grant for a world-first AI-powered system as an inventor has gathered steam

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GLOBAL  ACQUISITION  OF  INTELLECTUAL PROPERTY RIGHTS

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Since formation in 2018 Accel IP Law has been providing legal and management services for securing Intellectual Property (IP) rights internationally. In the past, our services were primarily provided to our clients in the U.S. or to assist partner firms in other countries requesting that we handle Paris Convention and national stage conversions applications filed in other countries.

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Our program covers (i) international filings of patent, design and trademark applications, (ii) attorney management of substantive examination, and (iii) internal management of all administrative and procedural matters to assure timely responses to communications and cost effective delivery of services.

 

A reputable financial prediction model is used for two purposes. First, we roll up total costs of international filings based on an initial selection of country filings. This enables the client to compare projected filing costs with the client budget. This data provides an opportunity to consider lower cost options based on fewer country filings. Second, it assists the client in making final decisions.  The financial model is used to compare the Accel cost quotes with estimates based on market data provided with the prediction model.

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Program functions and responsibilities include:

  • Internal management of all administrative and procedural matters by experienced staff to assure timely coordination and communication with staff in foreign offices of each country handling the acquisition and maintenance of the IP rights. All staff activities are managed by the Program Director who is responsible for all communications between the client, the program attorney and the foreign offices.

 

  • Attorney management of substantive examination assures: (i) timely communication on substantive issues with the client; and (ii) linkage between the client’s sales markets/forecasts and the enforceability of IP to address future of unlicensed infringement activities. The Accel attorney is available with staff to provide counsel on potential steps to effect patent enforcement.  

The added value of our role in development of international filing strategies is proven to be particularly important to clients and firms who do not have in-house processes to assure alignment between the client’s marketing plans and IP counsel who are responsible to develop and implement the enforcement strategies being procured internationally.

 

The program also assures cost economy by entrusting non-legal work to experienced staff and limiting attorney costs to involvements which require legal insights and experience.

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With regard to the attorney role, our program has always been internally managed with necessary involvement of an IP attorney, or an experienced patent agent or a knowledgeable paralegal. This is with the purpose of assuring that cost effective filing strategies are based on informed client decisions, i.e., based on awareness of country-by-country sales forecasts, or locations of competitor activities, We actively seek continued engagement of the client in decisions affecting the scope, enforcement and cost of patent rights to protect client sales.

 

Additional information on Accel’s Global Program for Acquisition of IP Rights is available directly from the Program Director, Sergio Chacon Hoffmann:Contact Sergio at Schacon@Acceliplaw.com.

Director of Global IP Rights Acquisition

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