IBM inventors received a record 9,043 patents in 2017, marking the company's 25th consecutive year of US patent leadership and crossing the one lakh-patent milestone.
These patents were granted to more than 8,500 IBM researchers, engineers, scientists and designers in the US and more than 40 other countries.
"IBM's India inventors contributed over 800 patents to this record tally, making us the second highest contributor after the US region," IBM VP Research India and Singapore Sriram Raghavan told PTI.
IBM's patents in 2017 included more than 1,900 cloud patents, 1,400 in artificial intelligence (AI) and over 1,200 in the area of cybersecurity. The US-based firm also received patents in the areas of blockchain and quantum computing.
For the past 25 years, IBM's patent leadership has changed the way the world works with advancements critical to the modern era of computing, IBM Chairman, President and CEO Ginni Rometty said in a statement.
"Today, nearly half of our patents are pioneering advancements in AI, cloud computing, cybersecurity, blockchain and quantum computing and all are aimed at helping our clients create smarter businesses," she added.
Another one, in the area of cybersecurity, turns the table on hackers by baiting them into email exchanges and websites that expend their resources and frustrate their attacks.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
