Frontier IP Group - Portfolio news: Access to Elute's Patent Reader
Portfolio news - Elute Intelligence engages user group of experienced patent professionals to help them search patents more effectively and efficiently
The group includes users from multi-nationals, high-tech SMEs and professional intellectual property services providers. Elute's novel advanced software tools enable them to intelligently search patent information to identify documents of most relevance. Their feedback will be used to refine the Patent Reader ahead of a formal product launch later this year.
The Company launched a dedicated COVID-19 Document Reader earlier this year to support scientists researching the disease find relevant documents more swiftly and easily.
Elute Intelligence statement begins:
Elute Intelligence launches Patent Reader product to user group
The group includes users from patent rich multi-nationals, high-tech SMEs and professional IP services providers. Elute's novel advanced software tools enable the users to intelligently search patent information, identifying those documents of most relevance.
Elute's artificial intelligence searches, compares and analyses documents to identify similarities between them by mimicking the way people read. The users are able to enter existing patents, draft applications, research papers on topics of interest and identify relevant patents. This means the approach is very different to conventional keyword or Boolean search technologies. A patent application has been filed to protect developments of the technology.
Elute will use feedback from the user group to refine the Patent Reader functionality in advance of a formal product launch later in the year.
Elute was incorporated last year from an existing
"Elute's technology has now reached a level of accuracy and simplicity that means complex search strategies and software are no longer required. The automatic ranking of search results immediately directs me to the most relevant patents and I can instantly understand why they appear to be the most relevant. The ability to review more ideas and inventions quickly and in depth while spending less time on the searching will no doubt help many people across the IP industry "
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T: 020 7332 2338
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M: 07464 546 025
Group website: www.frontierip.co.uk
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T: 0203 328 5656
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The Group looks to build and grow a portfolio of equity stakes and licence income by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.
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