ICRA Online Limited
MutualFundsIndia

Case Studies

Prior Art discovery for a global bank


Client Description
Banks, Legal Services, Angel Investors - for researcher and management users
Highlights
  • Text mining and ontology based semantic scoring tool

  • Coverage for Research area surveillance, Technology foresight, New venture evaluation, R&D management and Competition landscape

Situation
  • To find similarity of the context of client‘s (a bank) internal research document with the relevant public information or Prior Art/ Patent available over the internet world
  • Central data warehouse to pull out any information helpful for research activities
Solution
  • Dashboard based information retrieval system with semantic scoring facility as similarity index
  • Intensive search of prior art data from designated on-line sources, in-house data and subscribed patent data
  • Map relevant financial ontology or lexicon to extract content from internal document
  • Technology - NLP & Machine learning algorithm
Satisfaction
  • Trends revealed in any particular area to avoid future litigation
  • Semantic scoring feature will ensure that the user will get most relevant information through top 100 displays
  • Continuous machine learning to improve search effectiveness