Intellectual Property (IP), Artificial Intelligence (AI), Open Movements (OM)

Issues and developments related to IP, AI, and OM, examined in the IP and tech ethics graduate courses I teach at the University of Pittsburgh School of Computing and Information. My Bloomsbury book "Ethics, Information, and Technology", coming in Summer 2025, includes major chapters on IP, AI, OM, and other emerging technologies (IoT, drones, robots, autonomous vehicles, VR/AR). Kip Currier, PhD, JD

Showing posts with label cognitive computing. Show all posts

Saturday, January 23, 2016

If Patents Are So Valuable Why Does IBM's Intellectual Property Revenue Continue To Decline; Forbes, 1/19/16

Chuck Jones, Forbes; If Patents Are So Valuable Why Does IBM's Intellectual Property Revenue Continue To Decline:

"IBM was awarded 7,355 patents in 2015 which was the 23rd year in a row it has received the most patents. Over 2,000 of last year’s patents were related to cognitive computing and the company’s cloud platform. Over the 23 years IBM has received over 88,000 patents and I would estimate they have generated about $20 billion or more of IP (intellectual property) related revenue.
While the value of patents isn’t calculated just by the revenue they generate, it is interesting to see how IBM is doing with this financial line item. Between 2008 and 2012 IBM’s patent portfolio generated between $1.1 and $1.2 billion per year. It has fallen each year since then to $742 million in 2014 and could fall again in 2015 to under $700 million."