Relecura: Leading the Charge in AI-Powered IP Intelligence

Jul 31, 2024

Relecura, a name to reckon with in the IP and innovation space, came into being in 2009 with the intent to make IP intelligence and analytics attainable to all stakeholders at reasonable costs, without compromising on their manageability. With an enviable client base and years of research and study, both of which have played a pivotal role, the organization has made substantial contributions to patent portfolio management, with the help of its intuitive low-code AI platform.

Relecura, while offering customized AI tools, aims to make strategic decision-making easier and better. By combining research, competitor technology, and patent data, Relecura has helped customers perform the following tasks:

The organization boasts an impressive toolkit that comprises three sets of tools, each intended for a different purpose, but all playing a pivotal role in the innovation lifecycle.

Search and Analytics tools include the Enterprise Web Tool, Novelty, TechTracker, Tech Alerts, and TechExplorer. The web tool serves as a platform for IP search and predictive analytics. Driven by AI, it contributes to all phases of the innovation lifecycle, which include the vetting of new ideas or even patent portfolio management, among others. With the help of its in-built features, which go beyond 200, it delves into a database of more than 160 million patents spread over 160 geographies.

An automated invention analysis tool, Novelty is powered by AI and NLP, which retrieve inventions from a massive patent database. With only a short description of the invention, it fetches a graphical representation of the idea using keywords from the original description, for easier understanding.

As the name suggests, TechTracker tracks and arranges technologies and IP assets. This, in turn, makes it easier for organizations to frame an R&D plan, backed by data, and surge ahead of their competitors.

Tech Alerts gets a hold of new publications in your field and categorizes them into predefined topics before removing those that are irrelevant. Finally, it curates the remaining content and proceeds to share an alert.

To alleviate the challenges faced by users in terms of finding relevant content for their topics of research, TechExplorer steps in and helps them find suitable patent and non-patent documents or scientific literature, using the guided discovery and exploration method.

To aid in the assessment of patent portfolios, Relecura has a bank of three tools comprising the AI Classifier or the Traditional Classifier, the Hierarchical Classifier, and the Taxonomy Builder. Driven by AI, the Classifier classifies large patent portfolios into specific buckets. Using a set of training documents shared by the user, it categorizes the patent data through the steps of model creation, model analysis, and data classification. The classification process, which would take days to complete if done manually, gets done in minutes.

The Hierarchical Classifier classifies documents hierarchically, with level-wise categories, making it suitable for users who need multiple sub-categories. The Taxonomy Builder uses visual and interactive classification models to manage massive patent portfolios, aiding in identifying white spaces and tracking acquisition needs, not to mention selecting suitable patents for licensing or sale.

With the emergence of Generative AI, Relecura has expanded its toolkit to include leading-edge solutions like the Generative AI Classifier, Novelty AI, Patent QA, and the P2P Mapper. The Generative AI Classifier provides users the flexibility to add short text descriptions to categories to create models that classify patent data into primary, secondary, and tertiary categories. Novelty AI uses Generative AI and shares the reasoning behind each result selection. Patent QA, powered by AI, is designed to answer critical questions on patents. The P2P Mapper includes Feature Mapping, Standards Mapping, and Evidence of Use (EoU) features for augmented patent mapping.

To summarize, the realm of IP and innovation management is undergoing a paradigm shift, thanks to Relecura's AI and Generative AI-powered tools. Its comprehensive repository of tools and intuitive solutions are helping companies to not only make data-driven decisions but also enhance their strategies for innovation, while increasing the value of their IP assets.

Our professional services offer training and support to minimise time-to-value on the Relecura platform and make more timely, confident IP decisions.