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Clarivate Launches AI-Enhanced Solution to Accelerate Trademark Watching

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Clarivate has launched the Trademark Watch Analyzer, an AI-enhanced solution aimed at improving trademark protection. Announced at the 2024 International Trademark Association Annual Meeting, this tool integrates global trademark and case law data, in-house IP expertise, and advanced AI technology. The analyzer covers trademark datasets from 258 countries and 191 trademark registers, along with data from over 7 million trademark litigation cases. This system automates key trademark watching tasks and prioritizes result sets, allowing clients to rank results based on success or opposition chances. According to CompuMark data, trademark applications have doubled since 2014, increasing the need for vigilant trademark monitoring. Gordon Samson, Clarivate's President of Intellectual Property, emphasized that this solution helps clients save time, cost, and resources while ensuring global trademark monitoring and automated alerts.

Positive
  • Launch of AI-enhanced Trademark Watch Analyzer improves trademark protection effectiveness.
  • Covers trademark data from 258 countries and 191 official registers.
  • Integrates data from over 7 million trademark litigation cases.
  • Automates key trademark watching tasks and prioritizes result sets.
  • Supports ranking of results based on chances of success or opposition.
  • Addresses growing complexity and volume of global trademark applications.
  • Saves time, costs, and critical resources for clients.
Negative
  • No direct financial performance data provided to indicate immediate impact on revenue.
  • No mention of new client acquisitions or market penetration metrics.
  • Potential high competition in the AI-driven trademark monitoring solutions market.

Insights

Clarivate's launch of the Trademark Watch Analyzer, an AI-driven solution, marks a significant technological advancement in the field of intellectual property management. By leveraging AI and cloud technology, this tool aims to automate and optimize the monitoring of trademarks globally. This approach not only aids in sifting through vast amounts of data quickly but also enhances the accuracy of trademark watches by prioritizing and ranking results based on their likelihood of success or opposition. This integration of AI could drastically reduce the manual labor and time spent by IP professionals, making it a cost-effective solution. Moreover, the advanced insights provided by the AI algorithms, which mine data from 258 countries and territories, offer a comprehensive view that was previously difficult to achieve.

The new Trademark Watch Analyzer by Clarivate is introduced at a time when the number of trademark filings has more than 100% since 2014, with over one million new trademarks added to registers each month. This increase in trademark activity necessitates vigilant monitoring to avoid infringement, making such automated solutions highly relevant. The ability to streamline trademark monitoring processes could attract more businesses, enhance client satisfaction and potentially increase Clarivate's market share in the IP management sector.

Given the rise in trademark applications, the need for efficient monitoring is important for protecting brands. The solution's global reach and sophisticated data processing capabilities position it well to capture a growing market demand.

For retail investors, the launch of the Trademark Watch Analyzer could be a positive indicator for Clarivate's financial health. By introducing an advanced and in-demand product, Clarivate is likely to see an increase in revenue streams from its IP management division. The automation and AI elements signify a competitive edge in the market, potentially leading to higher client retention and acquisition rates. Furthermore, the efficiency gains for clients translate into better cost management, which could lead to more subscriptions and increased usage of Clarivate's broader suite of products. This strategic move aligns with Clarivate's vision of providing transformative intelligence, potentially boosting investor confidence in the company’s long-term growth potential.

Providing faster and more accurate answers to critical business questions

LONDON, May 20, 2024 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, launched the first publicly available version of Trademark Watch Analyzer today at the 2024 International Trademark Association Annual Meeting. As the next-generation trademark protection solution enhanced by artificial intelligence (AI) and cloud technology, this solution combines Clarivate global trademark and case law data, in-house IP expertise, and cutting-edge AI technology. It will provide faster and more accurate answers to critical business questions by automating key trademark watching tasks and intelligently prioritizing result sets.

Trademark Watch Analyzer connects users to trademark datasets in 258 countries and territories across 191 official trademark registers, as well as data from 7+ million trademark litigation cases. This content is harmonized and connected through AI algorithms which query, connect and mine both datasets delivering advanced insights in supported watch products. This revolutionizes the way trademark watch results are delivered, so that clients can rank results based on their chance of success/opposition.

According to data from SAEGIS®, a CompuMark™ trademark solution from Clarivate, the number of trademark applications filed globally each year has more than doubled since 2014. With over one million new trademarks added to trademark registers around the world each month, the risk of infringement has never been greater, making vigilance of trademark applications essential to protect and grow strong brands.

Gordon Samson, President, Intellectual Property, Clarivate, said: "As the global business landscape grows more complex, trademark professionals are faced with challenges including more data, less context and shorter deadlines. Our advanced AI-driven solution enables clients to confidently monitor their trademarks anywhere in the world, with global monitoring and automated alerts, while also saving time, costs and critical resources. The launch of the Trademark Watch Analyzer is the latest example of our Think forward™ promise — connecting clients to trusted intelligence to ensure an IP-empowered tomorrow."

With a more intuitive design and user interface, Trademark Watch Analyzer will enable clients to have a much-improved user experience as they work with their results. The navigation will be based on the same architecture as the Brand Landscape Analyzer launched in 2023, providing clients with a more cohesive experience within the Clarivate product suite.

Find out more about Trademark Watch Analyzer here.

About Clarivate
Clarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com

Media Contact:
Jack Wan, External Communications Director
newsroom@clarivate.com

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SOURCE Clarivate Plc

FAQ

What is Clarivate's Trademark Watch Analyzer?

Clarivate's Trademark Watch Analyzer is an AI-enhanced solution designed to improve trademark protection by automating key watching tasks and prioritizing result sets.

When was the Trademark Watch Analyzer launched?

The Trademark Watch Analyzer was launched on May 20, 2024, at the International Trademark Association Annual Meeting.

What datasets does the Trademark Watch Analyzer cover?

The analyzer covers trademark data from 258 countries and 191 official registers, along with over 7 million trademark litigation cases.

How does the Trademark Watch Analyzer benefit clients?

The solution helps clients save time, costs, and resources by automating key tasks, providing global monitoring and automated alerts, and allowing result ranking based on success chances.

Why is trademark monitoring important according to Clarivate?

Trademark monitoring is important due to the doubling of global trademark applications since 2014, increasing the risk of infringement and the need for vigilant trademark protection.

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