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News & Press: Sep 2019

Grow your business – the AI way!

23 September 2019  

As part of Birmingham Tech Week in October, Marks & Clerk are hosting a seminar on Artificial Intelligence (AI), discussing what AI is, how companies are using AI to create new business opportunities and how to use intellectual property to protect your AI innovations.

There are many trends reshaping the world we live in, but none promises to be more disruptive than AI. With the AI market estimated to grow in value to £20 billion over the next 5 years, many business leaders still think of AI as mysterious or a challenging subject.

Whatever sector of the economy you are in, preparing for AI now will put you ahead of the curve.  Whether you are an automotive company readying itself for the ascent of intelligent self-driving cars and smart-cities where algorithms optimise traffic flow, or whether you are a bank using AI to analyse customer data and develop ever more personalised services – AI is a technology that will be applicable in any field.

As with any emerging technology, developing AI-based products and services to set your business apart can be a significant investment. Protecting that investment with robust intellectual property (IP) should be an essential part of your business strategy.  Nevertheless, the view persists, particularly among UK businesses, that it is impossible to patent software.

So what is and isn’t patentable?

Philip Cupitt, Partner at Marks & Clerk observes, “More and more businesses are embracing the power of AI to create new business opportunities and to gain a competitive advantage.

“The increasing importance of AI has led to the European Patent Office (EPO) issuing guidance on patenting AI. This guidance makes clear that many types of AI-related technologies are indeed patentable and provides much needed clarity for businesses looking to protect their AI innovations”.

Marks & Clerk are also offering attendees a complimentary 1 to 1 meeting with an IP expert to discuss any IP queries on a confidential and no-obligation basis.
To sign up for this event that takes place on 8 October, please visit https://bit.ly/2kcBIqQ

For further information about this event please contact Kiran Sandhu at birminghamevents@marks-clerk.com