Intellectual property service platform Bayuegua is gaining influence among businesses in China by using technologies such as big data and artificial intelligence to offer better IP services.
The key to serving technological innovation lies in utilizing data, Sun Peng, deputy general manager of Bayuegua, told China Intellectual Property News.
Bayuegua's database, which has access to that of the National Intellectual Property Administration, has access to 130 million entries of patent data from 104 countries around the world.
Bayuegua has conducted market research through data collection and analytics in an attempt to serve companies in technological innovation, business operation and decision-making.
This year, the State Council issued a guideline to advance the construction of the country as an IP powerhouse, calling for integrating primary data to facilitate the availability of IP data, free of charge or at low costs.
In cooperation with Beijing's market watchdog, Bayuegua has also launched public welfare activities, part of its effort to promote IP protection awareness for small - and micro-businesses.
Source: China Daily
