04/21/2022, West Palm Beach – Intellectual property and patents are key drivers of the innovation economy and already account for over 44% of jobs and 41% of GDP in the U.S. economy. Additionally, “relative to workers in non-IP-intensive industries, workers in IP-intensive industries are more likely to earn higher wages” (USPTO report on Intellectual Property and the US Economy: Third Edition, 2019). 

However, with more than 11 million U.S .patents and 20 million worldwide patents granted, and a changing intellectual property and a global business regulatory landscape (e.g., antitrust), there is a challenge amassing and obtaining reliable data, actionable information and answers to issues in patents and intellectual property.

With this in mind, Andinum is expanding its regulatory and compliance framework to Patents, Patent Law and Intellectual Property. This includes the creation of patent data and analytics resources using data from the U.S. Patent and Trademark Office (USPTO) and other sources (e.g., WIPO and EPO), and the codification of U.S. and selected international patent law (e.g., U.S. CFR Title 37).

“Intellectual property and patents are ripe for innovation with artificial intelligence and natural language processing, and advances in deep learning in the last 3 to 5 years,” said Nelson Correa, Founder & CEO of Andinum. “Reliable patent data and tools from Andinum deliver solutions for enterprises seeking to maximize the value of their intellectual property, and organizations interested in promoting innovation and competitiveness,” he added.

Andinum develops digital transformation solutions using artificial intelligence, machine learning and natural language processing technology (AI/ML/NLP).

For additional information, please contact Andinum at contact@andinum.com, or visit us at www.andinum.com.