SIMPLE: A Strategic Information Mining Platform for Licensing and Execution

Abstract

Intellectual Properties (IP), such as patents and trademarks, are one of the most critical assets in today's enterprises and research organizations. They represent the core innovation and differentiators of an organization. When leveraged effectively, they not only protect a business from its competition, but also generate significant opportunities in licensing, execution, long term research and innovation. In certain industries, e.g., Pharmaceutical industry, patents lead to multi-billion dollar revenue per year. In this paper, we present a holistic information mining solution, called SIMPLE, which mines large corpus of patents and scientific literature for insights. Unlike much prior work that deals with specific aspects of analytics, SIMPLE is an integrated and end-to-end IP analytics solution which addresses a wide range of challenges in patent analytics such as the data complexity, scale, and nomenclature issues. It encompasses techniques for patent data processing and modeling, analytics algorithms, web interface and web services for analytics service delivery and end-user interaction. We use real-world case studies to demonstrate the effectiveness of SIMPLE.

Drug discovery using very large numbers of patents. General strategy with extensive use of match and edit operations

“…Patent text analytics [16,17] was applied to all US patents to extract chemical formulae [34] using the Blue Gene very high performance computer [35]. However, the resulting patent data base can reside on a personal computer, and all the use cases discussed below were covered in a software demonstration seminar of less than 1 h using only a standard laptop.…”

“…Refs. [14][15][16][17]), often a rate limiting step in workflows [15]. It was so in our use of a patent data base generated by using Blue Gene to read automatically all US patents [16,17].…”

SIMPLE: Interactive Analytics on Patent Data

“…In 2009 the authors described a holistic IP mining solution called SIMPLE (Strategic Information Mining Platform for Licensing and Execution) [5] [6]. SIMPLE consists of a suite of tools and processes for processing IP data and data warehousing, a set of analytics technologies and tools for patent analysis, a web-service enablement of the analytical services in a service-oriented architecture (SOA), and a web based user interface and visualizations for end user consumption of analytical results.…”

The Concept of Novel Compositions of Matter: A Theoretical Analysis

“…This turns out to be insightful, nonetheless, in regard to readdressing the concepts of similarity and novelty. The initial aim of our project was to provide complementary tools to support patent based chemoinformatics systems developed by our colleagues [15,18]. The overall study with IBM colleagues involved using very high performance computing to read all US patents at that time, and to analyze a patent data base generated consisting of 6.7 million compounds re-expressed in SMILES codes [19] as character strings that represent the chemical formulae of compounds, alongside assignee and patent reference.…”