Tag: patents
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Locus granted patent for machine learning models to ‘accurately predict traffic time’ for last-mile deliveries
Locus, a logistics software technology company (not to be confused with Locus Robotics), has been awarded a patent for “Machine Learning Models for Predicting Time in Traffic”, the second patent awarded to the company in 2022. Predictability of last-mile deliveries is a logistical challenge that continues to affect businesses across various sectors such as e-commerce,…
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Autonomous vehicles ranked among top 10 innovations attracting investment
The convergence of automotive and technology industries is accelerating the pace of innovation in the mobility and transportation sectors, leading to a surge in patent grants relevant to autonomous vehicles while also attracting venture capital investors’ interest in the area. GlobalData, a leading data and analytics company, has ranked autonomous vehicles among the top 10…
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Chinese robotics sector files ‘44 percent of total global patents’
The Chinese robotics sector generated almost half of total global patents in the most recent year available, according to a new report. The figure was published in the Annual Report on the Development of the Robot Industry in China, jointly written by HRG International Institute of Research and Innovation as well as the China Institute…
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China overtakes US as world’s leading patent generator
China has overtaken the US as the world’s leading researcher, generating 58,990 patents in 2019 compared with America’s 57,840. This is the first time since 1978 that the US has lost its position as the world’s leading producer of patent-winning inventions or innovations. (See animation below.) The figures were published by the World Intellectual Property…
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Innovation in industrial manufacturing taking many forms, finds Deloitte
Not all types of innovation are created equal when it comes to the transformation taking place today in the industrial manufacturing sector. A new report series, Innovation in Industrial Manufacturing, by Deloitte about innovation in industrial manufacturing shows that patent-based innovation – in both business process improvement and new product development – has become a…
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Siemens tops European patent application rankings
Siemens submitted more patent applications than any other company in Europe in 2018, thus advancing to first place in the European Patent Office’s application rankings. With 2,493 patent applications, Siemens relegated last year’s leader, Huawei, to second place, followed by Samsung and LG. In 2017, Siemens had taken second place. The last time the company…
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There will be data: Exclusive interview with Honeywell UOP cloud boss
The oil and gas industry is the lifeblood and oxygen of the modern world. It produces the stuff that powers the power stations, providing the energy on which we all depend if we live in a country with even a moderate infrastructure. Much as we’d all like to live on fresh air, and run our iMachines on…