SME Times is powered by   
Search News
Just in:   • Nifty nears 10,000 as equities rise for 5th straight session  • Oversubscribed 130%, RIL issue largest in the world in a decade by non-finance co  • GDP data: Economy needs more support  • Economy will bounce back, Modi assures industry  • New scheme launched to push electronic manufacturing 
Last updated: 14 Jan, 2020  

IBM.9.Thmb.jpg India 2nd highest contributor for IBM patents in 2019

IBM.9.jpg
   Top Stories
» Economy will bounce back, Modi assures industry
» New scheme launched to push electronic manufacturing
» 'Revised definition to boost MSMEs confidence'
» Auto sector's domestic sales at historic low
» Cabinet approves upward revision of MSME definition
SME Times News Bureau | 14 Jan, 2020
With over 900 patents, India became the second largest contributor in the world to help IBM achieve a milestone of most patents ever awarded to a US company, the company announced on Tuesday.

IBM inventors received a record 9,262 US patents in 2019, marking the company's 27th consecutive year of US patent leadership across key technology areas such as AI, blockchain, Cloud computing, quantum computing and security.

Few of the patents filed from India include 'Infrastructure costs and benefit tracking'; 'automation and validation of insurance claims for infrastructure risks and failures in multi-processor computing environments and 'eye contact-based information transfer', the company said in a statement.

"Technology advances - whether AI, cloud or quantum computing - will all contribute to solving the biggest challenges facing business and society," said Dr John E. Kelly III, executive vice president, IBM.

"We are very proud of the talented individuals across IBM who change the world through their inventions," he added.

The company was awarded more than 1,800 AI patents, including a method for teaching AI systems how to understand and deduce the nuances and implications behind certain text or phrases of speech by analyzing other related content, it said in a statement.

IBM also led in the number of blockchain patents granted, which includes several patents for improving the security of blockchain networks.

IBM inventors were granted more than 2,500 patents in cloud technology, including for example a patent for a method to jointly manage cloud and non-cloud computing platforms.

Since 1920, IBM has received more than 140,000 US patents.

This year, more than 8,500 IBM inventors, spanning 45 different US states and 54 countries contributed to the patents.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 03 Jun, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(1)
» FM reviews macro-economy in FSDC meet(1)
» Appoint distributors, expand your business(1)
» MSME stimulus(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter