Hitachi’s Shareresearch to deliver access to translated Derwent World Patents Index (DWPI) content to enable collaboration between core IP and R&D teams
London, UK and Tokyo, Japan, June 26, 2019 – Clarivate Analytics plc (NYSE: CCC; CCC.WS), a global leader in providing trusted insights and analytics to accelerate the pace of innovation, and Hitachi, Ltd. (TSE:6501,”Hitachi”) today announced the launch of a new solution in Japan, which is designed to streamline research and evaluation of worldwide patent documents.
Customers of Hitachi’s Shareresearch, a market-leading Japanese patent information search platform for Intellectual Property (IP) and R&D teams, will now have the option to access Derwent World Patents Index (DWPI) content translated into Japanese within the platform. Shareresearch users can now streamline the patent review process when working with large numbers of overseas patent documents in foreign languages. Used by more than 40,000 users and 40 patent offices around the world, DWPI is a trusted source of global patent data, correcting and summarizing the novelty, use and advantage of an invention for more than 84 million worldwide patents, covering 41 million patent families in more than 26 languages.
Through the partnership, a user will have the option to access the available Derwent title and abstract related to the corresponding Shareresearch patent record. By accessing the DWPI editorially enhanced title and abstracts, IP and R&D users can collaborate more efficiently and easily determine the relevance of patent records. This means they can better support and streamline their company’s patent review process.
Clarivate Analytics and Hitachi initially announced this collaboration in November 2018. Since then, a prototype has been tested by select Shareresearch customers such as Bridgestone Corporation and Murata Manufacturing Company Limited. Studies by Bridgestone and Murata found they were 40% more efficient when evaluating foreign patents using the translated DWPI abstracts now provided in Shareresearch. Hitachi has been conducting more qualitative tests with other corporate users including Mitsubishi Materials Corporation.
As global competition continues to grow, patents published outside of Japan have increased dramatically. As a result, the volume of patent searches within multinational companies in Japan has risen by between 20% and 40%, according to a Hitachi survey.
Additionally, overseas patent documents can be difficult to understand given the diverse range of languages they are written in as well as the different country-specific rules governing patent issuance. This means that research & development and sales professionals with neither the technical expertise in patents nor the proficiency in a foreign language have to spend a lot of time with intellectual property departments to find a way to understand overseas patent documents. The new solution from Derwent and Hitachi aims at simplifying this process and help teams work smarter together
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About Hitachi Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focusing on Social Innovation Business combining its operational technology, information technology and products. The company’s consolidated revenues for fiscal 2018 (ended March 31, 2019) totaled 9,480.6 billion yen ($85.4 billion), and the company has approximately 296,000 employees worldwide. Hitachi delivers digital solutions utilizing Lumada in five sectors including Mobility, Smart Life, Industry, Energy and IT, to increase our customer’s social, environmental and economic value. For more information on Hitachi, please visit the company’s website at http://www.hitachi.com.
About Hitachi patent information service Shareresearch
Shareresearch is a system which enables intellectual property departments in companies and research institutes as well as inventors to efficiently search and browse patent information (domestic and international) and collect global patent information quickly and efficiently. With “PALNET/MC6 (Palnet/McSix)”, the system of which centrally manages a series of patent services from invention proposal to retention of rights, we constantly expand functions utilizing expertise of Hitachi’s intellectual property headquarters.
Derwent™, a Clarivate Analytics company, powers the innovation lifecycle from idea to commercialization – with trusted patent data, applications and services including Derwent Innovation™, Derwent World Patents Index™, Derwent Patents Citation Index™ and Derwent Data Analyzer™. We build solutions for inventors, patent attorneys and licensing specialists at start-ups and the largest global innovators, legal professionals at the leading intellectual property practices, and patent examiners at more than 40 patent offices. Our solutions are used to monitor technology trends and competitive landscapes, inform FTO opinions, prosecute patents, monetize and license assets and support litigation activities. For more information, please visit derwent.com.
About Clarivate Analytics
Clarivate Analytics™ is a global leader in providing trusted insights and analytics to accelerate the pace of innovation. We have built some of the most trusted brands across the innovation lifecycle, including Web of Science™, Cortellis™, Derwent™, CompuMark™, MarkMonitor™ and Techstreet™. Today, Clarivate Analytics is on a bold entrepreneurial mission to help our clients reduce the time from new ideas to life-changing innovations. For more information, please visit clarivate.com.
This press release may contain forward-looking statements regarding Clarivate Analytics and Hitachi. Forward-looking statements provide Clarivate Analytics and Hitachi’s current expectations or forecasts of future events and may include statements regarding results, anticipated synergies and other future expectations. These statements involve risks and uncertainties including factors outside of Clarivate Analytics and Hitachi’s control that may cause actual results to differ materially. Clarivate Analytics and Hitachi undertake no obligation to update or revise the statements made herein, whether as a result of new information, future events or otherwise.
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