The Hangzhou High-Tech Zone launched an “intellectual property brain” on April 20, local media outlets reported.
The “brain”, which takes advantage of cutting-edge technology such as big data and artificial intelligence, boasts a huge database that includes 130 million patents, 830 million trademarks, standard literature, papers, and journals, 23 million engineers, 12,000 investment organizations, and 14,000 listed companies.
Dong Qiguang, founder of Dessmann, a local intelligent housing system manufacturer, said the “brain” can illustrate a clear and correct digital portrait of his company better than his colleagues can.
“By using the ‘brain’, local civil servants have helped me with patent applications, and we are expected to shorten the application time for 10 patents from the previous three years to less than one year,” Dong said.
The “brain” will continue to improve and its latest task is rolling out a portrait of industrial chains for the Hangzhou China High-Tech Zone. Once completed, it will have a full understanding of the zone’s key industries, including network communications, intelligent internet of things, and biopharmaceuticals.
The “brain” can also help analyze global technological innovation trends and industrial competition patterns, hence offering a clearer picture for professional investors and financial institutions.