IPlytics - Company Profile

IPlytics offers services and products to monitor and analyze market developments, technology trends and a company’s competitive position for patenting and standardization. IPlytics combines economic methods with sematic text analysis to measure technological relationships between patents, technology standards and products. IPlytics main product is the “Open Patents and Standards Platform” (OpenPSP). IPlytics makes use of machine learning to scrap data on technology standards, products, markets and companies to create connections to patent databases. IPlytics is thus able to analyze and connect new data to identify technology and market trends with a special focus on technology standards. Standards specify fundamental technologies in the interconnected ICT industry upon which most of the ICT products evolve. Technical standards documents provide access to not yet linked, strategically relevant information for clients. The data sources are often freely available in the Internet, but distributed all over the web and difficult to access due to data format inconsistencies. IPlytics its customers structured up-to-date information in one single comprehensive platform. The data link is based on new methods of economic correlation, regression and indicator analysis and combines them with text mining algorithms.