OCTOBER 2021CIOAPPLICATIONS.COM6Copyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.October 04, 2021, Volume 07 - Issue 25 (ISSN 2644-240X) Published by ValleyMedia, Inc. To subscribe to CIO ApplicationsVisit www.cioapplications.com Managing EditorJoe Phillip*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffSalesSebastian Jacobsebastian@cioapplications.comEmailsales@cioapplications.comeditor@cioapplications.commarketing@cioapplications.comEditorialThe Transforming Space of Intellectual Property ManagementBig data has the potential to improve the quality of business decisions by enabling text and data mining of vast amounts of data and delivering actionable insights which in the domain of Intellectual Property management is invaluable. Big data software solutions has created waves in the technology circles with discussions around it's applications to commerce, retail, consumer data, finance and other areas. However another segment less mentioned where big data solutions are highly relevant is the intellectual property and patent data management domain.Current trends make it very clear every organization has to have a strong big data strategy to ensure that the business maximizes their insight into big data sources (patent documents in this case). Big data is now a broad level business critical area and if approached correctly, can deliver improved results from better decisions based on smarter insights.There will be a rising interest in mining big data in the form of patent documents and intellectual property , extract and present some highly customized, business specific insights delivered in the form of an executive dashboard to gain competitive edge. Developing a highly customized IP dashboard can help extract business critical insights from big data across multiple IP data sources and display insights that are tailored to the department, function or decision maker the data is aiding. Advanced visualization of big data analytics gives a very clear and concise representation of insights in an `easier to interpret' form. Like a number of other applications within big data, intellectual property data is complex, involves relationships between documents and patents, multiple sources, languages, geographies from which data is originated and could seem irrelevant when seen as a standalone document or in its text form. Advanced visualization techniques coupled with data mining has help present big data related to IP in a different light and creates perspective to the data. Heat maps, landscapes, relational charts, timelines, trend visuals and other forms of visualization has literally changed the way big data and the valuable insights it often hides are now seen and leveraged by organizations.Let us know your thoughts.Joe PhillipManaging Editoreditor@cioapplications.comJoe PhillipGraphics & ArtIssac GeorgeEditorial StaffBen JacksonDaniel HolmesEzra BenjaminJune MichaelRose DcruzSenior WritersClara MathewLeah JaneRoyce D'Souza
< Page 5 | Page 7 >