It is well known that Patent Data and analytics is one of the most important factors which drives innovation. Patent data, why is it so important and why should it be a part of a student’s educational journey? There are several reasons why patent data is important, firstly, patents provide incentives to inventors for their inventions. Secondly, the incentives encourage innovation which enhances quality of human life. Thirdly patent data enables researchers and students to look at past developments and improve them, thereby not reinventing the protected inventions. Patent data is readily available via many free and commercial databases however, not many students and researchers tend to use it at university level.

This year Aalbun took the initiative of introducing their latest innovative patent analytics platform, a platform that provides patent data for analysing technology developments. Aalbun has also just launched their movement – “Driving innovation through early exposure to patent data” where Aalbun is giving out trials for all university students and inventors to use the database for a longer trial period. Aalbun’s CEO Christian Bunke says “patent data is super important for driving new inventions so Aalbun analytics would be a great platform for students to use for their research, our motive is to democratize Intellectual Property and its use”.

Aalbun Analytics is an extensive patent, trademark and technology database that is powered by software that makes it easy to build custom dashboards that map innovation in your areas of interest. You can chart trends over time, drill down into technology classes and benchmark data against your competitors. With access to a database of 100+ million patents from 90 filing authorities, never miss a beat again when it comes to innovation in your sector.

Aalbun Analytics was first launched with University of Cambridge, where the Engineering department of the university used the database for nearly a year. The database was used by many students and researchers and was highly recommended by the users.

“Students, but also SMEs need to be better educated about the role of IP for innovation and be trained to use IP data. Aalbun Analytics is a new and fantastic tool for that.” – Dr Frank Tietze (Associate professor in Technology and Innovation Management)

As a part of the movement Aalbun Analytics was also introduced to all the universities in Sri Lanka via the world bank initiative where Aalbun offered the database to all University students and researchers which covers more than 30 universities and research institutes to increase innovation in the country via innovation departments at universities in Sri Lanka.

Aalbun’s ultimate vision is to educate the world of inventors and innovators on the use of IP data.