Artificial Intelligence (AI) Industry Report Update from Ocean Tomo Reflects Changes in the Singapore Patent Office Impacting AI Industry

Fri, 5/31/2019 - 12:00PM — KRISTI L. STATHIS

Ocean Tomo Industry Report Update -- Intellectual Property Office of Singapore Announces Fast Track for Artificial Intelligence Patent Prosecution

Earlier today, Ocean Tomo Analyst Kevin Bennett released an update to the Ocean Tomo Industry Analyst Report on Artificial Intelligence (AI). The announcement last month from the Intellectual Property Office of Singapore (IPOS) provides important details regarding the commitment to cut the timeline for AI patent issuance from up to 24 months to less than six months.

The rationale for the IPOS patent prosecution change is outlined by their CEO Daren Tang who said, “AI has become one of the biggest drivers of technological and societal change in the world, and it will increasingly underpin Singapore’s drive to build a digital economy.”

Ocean Tomo CEO, James E. Malackowski was not surprised by the announcement, indicating, “Ocean Tomo has met with a number of governmental bodies and IP-focused NGO's throughout Europe and Asia seeking to understand better how their national patent office can facilitate local economic development.  As a significant emerging technology, efforts to attract AI investment is likely the first of many such efforts."

The Ocean Tomo AI Report contains important details regarding eligibility as well as patent claim limitations. You can request a copy of the study here.

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Kristi L. Stathis is the Marketing Director for Ocean Tomo and serves on the board for the Center for Applied Innovation, a Chicago-based non-profit organization created to manage education, public policy outreach and related economic activity around applied technology and intellectual property (IP) rights in the State of Illinois and around the world. She is the co-creator of the Center for Applied Innovation’s Invent for Humanity™ Technology Transfer Exchange Fair, a community, marketplace and event facilitating Appropriate Technology transfer for the betterment of mankind. She also serves on the board of The Children’s Research Fund, principal benefactor of the Stanley Manne Children’s Research Institute, the research arm of Ann & Robert H. Lurie Children’s Hospital of Chicago, having served as the annual campaign co-chair in 2013.

Contact: KristiStathisBlogs@OceanTomo.com

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