Hidden Figures: Magic Number Leading the Pace in AI and Data Software Patent Forecasting Led by AI Analyzing Expert, JiNan George

JiNan Glasgow is a Global IP strategist, Patent and Trademark Attorney. She’s the founder of world-leading patent forecasting platform, Magic Numbers and taking the industry by storm through predictive analytic trends. A former USPTO patent examiner and engineer turned entrepreneur JiNan launched the data-road map and Patent Forecast software as a comprehensive intelligence tool that leverages machine learning to uncover silent trends sweeping the business landscape easily analyzing who is filing patents, when and in what sectors so they can detect early-stage shifts and pinpoint others. She is the first woman to do a patent forecasting tech platform and the #1 expert on analyzing AI trends.

How have predictive analytic trends helped large and small businesses?

a. Enhanced Competitive Intelligence

b. Drastically Increased Valuation

c. Maximized First Mover Advantage

Can you tell us about your data road map and Patent Forecast software that you developed?

Our real-time Patent Forecast™ software, powered by AI, can detect shifts - before anyone else. Our exclusive technology uses machine learning to identify trends that emerge from the patent investment — and that integrate market data — to give you the edge needed to get to the opportunity first. When you purchase a Magic Number Patent Forecast Sector, your team receives instant access to professional analysis of the market, complete patent and published pending application document set, an interactive visualization, along with underlying data, delivered privately over the web, with weekly updates.

You are the first woman to create a patent forecasting tech platform. What made you decide to create something so innovative?

I really like helping people realize their true worth through invention and innovation. I get to turn their ideas into reality and that’s fulfilling work.

Can JiNan also go into some detail on the 3 key reasons why analyzing patent trends can pay off.

a. Enhanced Competitive Intelligence – Because investment in patents always leads market activity, we can see investment trends before they’re visible in market activity. Every sector contains strategic insights that can translate into mission-critical assets. We also find evidence of investment that might seem contradictory—like a major bank investing heavily in its supposed competitor: cryptocurrency. It’s data science that allows companies to predict the next waves of innovation within their particular industries and markets.”

b. Drastically Increased Valuation – using trend data to determine with greater accuracy how and where to allocate IP-related resources is key. Some start-up companies I’ve worked with have IP portfolios that are more efficient and valuable than large corporations in the same markets. That gives them a high valuation—a vital factor also making these companies attractive targets for investors, mergers and acquisitions. Some companies invest a lot in patents that ultimately are not very valuable, while other companies file for inventions that yield significant returns. The profitable ones can produce an impact that multiples their IP investment—even early-stage companies can have IP valuations that are $10 million, 50 million, even 100 million or more. A data-driven IP strategy that considers present inventions in market context can create a 5X or more increase in valuation.

c. Maximized First Mover Advantage – Prior to 2013, the first to invent was entitled to patent rights. With access to patent trends and other IP-driven data, companies can not only make smarter investments and develop better strategies to target emerging markets but also aptly identify under-served or even entirely unexploited facets within those markets. Patent data offers huge insight into who is investing in what kind of technology, and where and how those funds and efforts are being allocated, long before commercial activity. Any company preparing to enter a new market will leave evidence of their intentions in areas that represent an opportunity. If you are looking to capitalize on gaps in the market, it’s important to remember there’s no second place in patents – you need trend data to be continuously updated and analyzed. The companies and individuals who profit most from intellectual property are often not the ones who initially created it.

For more information visit www.magicnumberip.com