Innovation & Technology

IBM Breaks Record for Most US Patents Granted

IFI Claims Patent Services have revealed the leading companies in US patent applications in 2016, naming IBM as the top company in terms of patents granted for the 24th year running.

IFI Claims Patent Services have revealed the leading companies in US patent applications in 2016, naming IBM as the top company in terms of patents granted for the 24th year running.


Leading the pack, and thus remaining the top innovator for their 24th consecutive year, is IBM -  the multinational technology company whose diverse array of inventions range from artificial intelligence to cognitive health to cybersecurity. With 8,088 patents granted in 2016, equating to a staggering 22 per day, IBM are the first US company to surpass 8,000 patents in a single year. With close to 150% of the number of patents granted to the second ranked company Samsung, it is a clear win for the tech giant.

 

The five top ranking companies in the IFI Claims list remain unchanged from the previous year with Canon KK, Qualcomm and Google rounding off the list. Not all companies enjoyed the growth IBM achieved; whilst Samsung noted a close to 9% increase on the prior year, Canon’s grant count dropped by over 11%.

 

Big movers in the top 50 include GlobalFoundries Inc who shot up 38 places to become the 22nd most innovative company, with 1,407 patents granted in 2016 and BOE Technologies who now rank at 40 – having being ranked at 122 the previous year. Nokia have also managed to break the top 50 this year, up 74% on 2015 with 695 patents granted. Tech leader Hewlett Packard fell from the top 50 this year following the split of the company into HP Inc. and Hewlett Packard Enterprise. The two enterprises were ranked at 96 and 82 respectively.

 

Whilst a record breaking year for IBM, IFI Claims note that there has been a marginal decline in the total number of pre-grant publications filed – bucking the established trend of rising numbers. By contrast, the overall number of grants did see a marginal increase in 2016.

 

 

 

 

B.H.F.

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