Effectual Services is a leading Intellectual Property Management Advisory firm that offers IP support solutions to Fortune 500 companies, leading law firms, research institutes and universities, and venture capital firms/PE firms. It has a team of multi-disciplinary experts, who have rich experience in handling complex patent assignments in domains that include Alternative Energy, Automotive and Aerospace, Biomedical, Biotechnology and Pharmaceuticals, Chemicals and Materials, Information Technology, Electronics and Computers, Life Sciences, Telecommunications and many others. The company also provides Intellectual Property Support Services (IPSS) such as proofreading, docketing, creating an Information Disclosure Statement and expertise during the Patent Term Adjustment (PTA) process.
Amit Aggarwal is the Co-Founder and Director of Effectual Services. In an interaction with The Tech Pod, Amit talks about the impact of 5G on the industry. Read more!
How Patent Licensing is Future Enabling Innovation for 5G Technology
5G is the next big disruptive innovation, not only for the telecom sector, but potentially for many other sectors that depend on telecom – for example, IoT – another upcoming technology – which will make every device around us smarter. Imagine your Air Conditioning learning your preferences, and automatically setting temperature to your needs, or a smart home that optimizes the power consumption without the need for you to switch off devices. All of this will be possible through the analysis of data which the smart device will generate and most likely 5G will enable transfer of this data to a cloud for further processing.
Now this data, will most likely be processed by a machine learning algorithm sitting on the cloud – another upcoming technology –which will interpret the data and make recommendations to control the smart device in real time to make it smarter – again using 5G as the backbone. So the impact of 5G will not only limit itself to telecom sector, but to every other sector which will use the 5G as a backbone to transferring the data.
Currently, the 5G standards are still in formative stage, and there seems to be a race between companies to protect the 5G technologies they are developing – obviously, due to the large scale impact it will have on other industries as well. Companies like Huawei, Samsung, Qualcomm etc. are very aggressively filing patents in the 5G space, and trying to get their patents declared as Standard Essential Patents (SEP) – which are patents essential to implement a specific industry standard. A direct implication of this is – to manufacture a standard compliant device, e.g. a mobile phone, tablet, computer,and other smart device,such manufacturers will have to use technologies that are covered by SEPs – making the impact much larger.
We have seen the patents being filed for 5G technologies for years now, and we are certain of two things – that the impact of 5G on the industry will be massive, and with patents filed at such an aggressive rate, there will be no single company that will own 5G entirely. A direct conclusion that follows is that there would be massive amount of patent licensing between companies – both telecom giants operating within the 5G space will cross-license patents to each other, and for the non-telecom companies using 5G as a base will have to take licenses from the telecom companies collectively owning the 5G space.
How important is to protect Artificial Intelligence Inventions
Although AI is not a recent phenomenon, but the domain has grown in leaps and bounds in past 5 years, primarily due to the data revolution lead by 3G and 4G technologies. A look at the patents filed in the domain reveals that big companies, such as Google, Microsoft, Samsung, etc. and smaller players and start-ups are actively filing patents in AI space. In such an ecosystem, especially when aggressive research efforts are being put in by the start-ups and big companies alike, it becomes very important to protect the invention by patenting. AI being algorithmic in nature, is prone to easy theft which is also why a patent protection is prudent.
Further, AI is a technology that has a wide variety of applications, and potentially every industry can benefit from the technology. The penetration of AI in multiple technical domains is already evident, and with advent of 5G, we will witness a deeper penetration of AI in a variety of industries in years to come, making the competition fierce across players. Obviously, due to the very nature and objective of patent laws, the companies who will protect their inventions by filing patents will have a competitive edge over companies that do not – they will be able to stop others from copying their ideas or using their technology without their permission.
How Important is Artificial Intelligence for Patent Searching in India
AI has impacted many industries and Intellectual Property industry is no different – the companies that offer Patent databases were the first ones to implement AI backed searching engines to make the process more efficient. With the help of an AI based searching engine, we have witnessed a gradual decrease in the time that it takes to complete a project, thereby, enabling us to pass this benefit to our clients. AI is a tool that learns over time, so we expect further improvements in the efficiency in coming years. With Natural Language Processing capability being built in these tools, we may expect these tools to become more user friendly, and requiring lesser skill.
Blockchain and Intellectual Property Rights- The Decentralized Alliance
While AI makes the process efficient, blockchain has a potential to strengthen the existing IP regime. The reliability and security offered by blockchain can be used to strengthen every step of the life cycle of patents – right from inception of an idea to expiry of the patent. Blockchain can help in many ways, such as, identifying ownership change, executing licensing agreements via blockchain based contracts, identify counterfeit products etc.
Experts in IP industry in India seem to have already recognized this, as is evident from a tender floated by Indian Patent Office: “Expression of Interest for Making use of Artificial Intelligence, Blockchain, IoT and other latest technologies in Patent Processing system of IPO”, wherein the Indian Patent Office expressed an intent to leverage the AI and Blockchain technology to make the patent process smother, more efficient and transparent for all parties – the Inventors, Patent agents and Patent examiners.