Clarivate Launches AI-Powered Patent Search Solution in Derwent
Rhea-AI Summary
Clarivate (NYSE: CLVT) has launched AI Search in Derwent™, an AI-powered patent search solution. The tool integrates AI with the Derwent World Patents Index (DWPI)™ to enhance innovation decision-making by delivering faster and more relevant patent search results. The AI Search leverages a language transformer model to understand context and retrieve pertinent results from over 160 million patent records. This solution aids patent researchers, attorneys, and IP professionals in conducting accurate first-pass patentability searches and validating results to ensure no relevant records are missed. DWPI, covering more than 120 million patents and over 62 million invention families, underpins the AI Search with manually written abstracts summarizing each invention's novelty and advantage. Gordon Samson, President of Intellectual Property at Clarivate, highlighted that this technology reduces the number of patents professionals need to review, thus speeding up and improving decision-making.
Positive
- Launch of AI-powered patent search tool enhancing decision-making.
- Integration with DWPI, covering over 120 million patents and 62 million invention families.
- Reduction in time and effort for IP professionals to find relevant patents.
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CLVT declined 1.67%, reflecting a mild negative market reaction.
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Faster and more relevant results to empower critical IP decision-making
The new AI Search available today in Derwent Innovation uses a language transformer model to understand the context of the input text provided and return relevant results from more than 160 million patent records. It will help patent researchers, patent attorneys and other IP and R&D professionals perform accurate first-pass patentability searches, validate results to ensure relevant records are not missed, and navigate new or unfamiliar technology categories.
As the only AI patent search trained and powered by DWPI, this solution is adept at recognizing related concepts in patent publications. DWPI covers more than 120 million patents with an index of over 62 million invention families, as well as manually written abstracts clearly summarizing an invention's novelty, use and advantage in standard English.
Susan Johnson, patent agent and IP researcher, Boston Scientific, said: "I've tried other AI powered patent search tools, and Derwent AI Search is hands down the best. With other patent search tools, you often need to review up to 50 or even 200 results to find the most relevant records. With Derwent AI Search, the most relevant records are at the top of the list, which helps me save a lot of time when evaluating patentability."
Gordon Samson, President, Intellectual Property, Clarivate, said: "The new AI Search capability in Derwent marks our latest milestone in using advanced technology to drive innovation. This solution will empower IP professionals to get to relevant patents in seconds, driving faster and more reliable decisions. Where they previously might have had to review and read dozens or even hundreds of patents for a prior art search, now they might read a fraction of that.
"Clarivate has a long-standing history of responsibly investing in and developing innovative IP technology. With decades of experience implementing AI to enhance our tools and solutions, we will continue to look for new ways to help our customers to think forward."
To learn more about the Derwent AI Search, visit here.
About Clarivate
Clarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com
Media Contact:
Jack Wan, External Communications Director
newsroom@clarivate.com
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SOURCE Clarivate Plc