Benefits of AI Classifiers in PatentSight+
Synchronization of AI Classifiers into PatentSight+
What are AI Classifiers?
AI Classifiers allow you to zone in on the patents that are relevant to the technology areas you operate in by building a 'Classifier' that is defined to your technology area.
LexisNexis PatentSight+ uses AI Classification to read all the millions of patents globally and pull the relevant patents into your Classifier. The Classifier is defined by you and the machine does all the hard work of going and finding the right patents. The machine can read more than 60 million patents an hour and looks at 200,000 data points in the patent.
At its core, an AI Classifier is a supervised machine learning algorithm trained to recognize patent families relevant to a specific technology domain.
How do AI Classifiers work?
Each patent family receives a classifier score ranging from 0 to 1 — where 0 means no relevance, and 1 signals a strong match. Everything above a 0.5 score is deemed a positive match to the classifier technology domain. LexisNexis PatentSight+ uses AI Classifiers to read all patent families globally, to pull the relevant families into your Classifier.
This scoring system enables precise, focused analysis of patent portfolios, technology landscapes, and innovation trends. By filtering based on classifier scores, users can quickly hone in on the most relevant inventions, streamline competitive intelligence, and make data-driven decisions with greater confidence.
We can assist you in the building of the AI Classifiers, or you can be trained to build them yourself. We find a solution that fits your requirements.
The Classifier is defined by you and the machine does all the hard work of going and finding the right patents. The AI Classifier in PatentSight+ transforms how users explore and analyze patent data by introducing classifier-based filtering and insights. The machine can read more than 60 million patents an hour and looks at 200,000 data points in the patent.
Benefits of AI Classifiers in PatentSight
AI Classifiers in PatentSight gives you accurate and up-to-date patent information on how you view the technology spaces you are operating in. You can build a custom taxonomy of AI Classifiers relevant to your business needs, allowing you to make better decisions about your portfolio.
Analyse your custom taxonomy in more detail with the powerful PatentSight features available – Patent Asset Index metrics, captivating visualizations, unparalleled flexibility, and superior data quality. Whether your analyses is for competitive intelligence, benchmarking, trend scouting, or portfolio optimization, AI Classification allows for these analyses in the technology space relevant to you.
Patent portfolios are strategic assets for your organization, and managing them to achieve your business objective requires accurate customized information that is easy to access.
Synchronization of AI Classifiers into PatentSight
To build AI Classifiers, a subscription to LexisNexis Classification is required. This subscription provides access to the necessary tools and resources for creating AI Classifiers. If you're interested in learning more about classifier building or need assistance, please reach out to your Customer Success Manager or contact support@lexisnexisIP.com so we can provide detailed information and guidance, tailored to your needs.
Learn More
If you have any questions about the new capabilities, please reach out to your customer success manager, who will be happy to help you, or send us a note at support@lexisnexisip.com. Further information can also be found on the following links: