Cloud Computing: IBM Breaks Record with 8,000-plus Patents in Calendar Year

January 9, 2017 Off By David

Grazed from eWeek. Author: Chris Preimesberger.

New-generation companies aren’t the only ones bringing IT innovation into the marketplace. IBM, the granddaddy of all IT companies that has been in business since before World War I (1911), continues to be quietly inventive and probably doesn’t get enough credit for its own innovations.

Big Blue revealed Jan. 9 that it broke the U.S. corporate patent record in 2016 with 8,088 patents granted to its inventors in a single calendar year. This marks the first time any company or organization has earned more than 8,000 patents in one year, and it is the 24th consecutive year that IBM has been No. 1 on the list…

The venerable company’s 2016 patent output covers a diverse range of inventions in artificial intelligence and cognitive computing, cognitive health, cloud, cybersecurity and other strategic growth areas for the company. IBM, which allocated a cool $3 billion for new research and development in processors in 2014 and another $3 billion for the internet of things research in 2015, has been focused on continuous invention and innovation through strategic research and development for more than a century. Seeking patents in key strategic areas — such as AI and cognitive computing — is an important part of this strategy…

Read more from the source @ http://www.eweek.com/innovation/ibm-breaks-record-with-8000-plus-patents-in-calendar-year.html