IBM again tops lists of US patent recipients

Image
IANS New Delhi
Last Updated : Jan 12 2015 | 9:35 PM IST

IBM has received a record 7,534 patents in 2014 -- marking the 22nd consecutive year that the company topped the annual list of US patent recipients, a company statement said here Monday.

IBM inventors earned an average of more than 20 patents per day in 2014, propelling the company to become the first to surpass more than 7,000 patents in a single year, it said.

"IBM's continued investment in research and development is key to driving the transformation of our company, as we look to capture the emerging opportunities represented by cloud, big data and analytics, security, social and mobile," said Ginni Rometty, IBM's chairman, president and chief executive officer.

"IBM's patent leadership over more than two decades demonstrates our enduring commitment to the kind of fundamental R&D that can solve the most daunting challenges facing our clients and the world," Rometty added.

The company's record-setting 2014 patent output was led by more than 3,000 patents - 40 percent of its annual total - covering a range of cloud computing, analytics, mobile, social and security inventions.

"Over the past five years, IBM has more than doubled its output of patents within these strategic growth areas and was the leading recipient of cloud, analytics, mobile, social and security patents during this period. IBM inventors also received more than 500 patents for inventions that will usher in the era of cognitive systems, including new Watson related cognitive technologies," the statement said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 12 2015 | 9:26 PM IST

Next Story