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This report covers filing trends of the above mentioned companies along with status of Patents, International Patent Classification and Priority Date. The study also provides the filing trends and status with the field of engineering to which they belong, along with details of all Patents filed by these companies since their inception.
The purpose of the study was to analyze the importance given by selected major Indian IT firms to innovation based on their Patent portfolio as a measure. Analysis of the Patenting activity provides an insight into current trends in intellectual property generation apart from providing an account of innovation and technological development taking place in the Information Technology sector. The study summarizes results of the research that was conducted on HCL Technologies Limited, Infosys Technologies Limited, Mahindra Satyam , Tata Consultancy Services Limited and Wipro Limited.
Our research suggests that after a moderate retrenchment in the years 2008-2009, the IT industry in India is recommitted to pursue innovation. The fact that the said companies consider innovation to be one of their key assets and are committed to boost their spending on Research & Development and innovation is evident from the increase in number of Patents that have been filed by these companies in US Patent Office, European Patent Office and Intellectual Property Office India. The study details the challenges associated with software Patenting in India and postulates that despite the restrictions of obtaining a software Patent per se in India, the IT industry is taking a prominent stand on generating and protecting Intellectual Property in India and abroad.
Since the year 2000, awareness about Innovation and Intellectual Property Management has been on the rise in the IT industry. It is evident from the Patent filing statistics of the Intellectual Property Office India that the number of Patent filings in the field of computer science has been on the rise since 2004. Across the world, a large number of organizations are considering innovation as top priority, and consequently raising the investment on innovation. In this study, the trends indicate that innovation has been geared towards minor improvements to existing products and services as against innovation targeting newer products. However, the companies are broadening types of innovation functions they are targeting. The emphasis on product development and idea generation is increasing.
You can download the Report of Patent Portfolio of major IT companies in India - 2010 by Innomantra Consulting Pvt. Ltd by filling up the form below.
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