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Clarivate Launches AI-Powered Patent Search Solution in Derwent

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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.

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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

-1.67% News Effect

On the day this news was published, CLVT declined 1.67%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Faster and more relevant results to empower critical IP decision-making

LONDON, Dec. 12, 2024 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, today announced the launch of AI Search in Derwent™. Combining artificial intelligence (AI) with the premier source of global patent data, Derwent World Patents Index (DWPI)™, this solution will enable intellectual property (IP) professionals to make reliable innovation decisions by finding more relevant patents in less time.

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 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/clarivate-launches-ai-powered-patent-search-solution-in-derwent-302329750.html

SOURCE Clarivate Plc

FAQ

What is Clarivate's AI Search in Derwent?

Clarivate's AI Search in Derwent is an AI-powered patent search solution that combines artificial intelligence with the Derwent World Patents Index to provide faster and more relevant patent search results.

How does the AI Search in Derwent benefit IP professionals?

The AI Search in Derwent helps IP professionals by reducing the time needed to find relevant patents, enabling accurate first-pass patentability searches, and ensuring no relevant records are missed.

What data sources does the Derwent AI Search use?

The Derwent AI Search uses data from the Derwent World Patents Index, which includes over 120 million patents and more than 62 million invention families.

What is the significance of the language transformer model in the AI Search?

The language transformer model in the AI Search understands the context of input text and returns relevant results from over 160 million patent records, improving the efficiency and accuracy of patent searches.

How does the Derwent AI Search compare to other patent search tools?

According to user feedback, Derwent AI Search is more efficient, often placing the most relevant records at the top of the search results, unlike other tools that may require reviewing up to 200 results.

What impact does the AI Search in Derwent have on decision-making?

The AI Search in Derwent accelerates decision-making by reducing the number of patents IP professionals need to review, thus enabling faster and more reliable innovation decisions.
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