India accounted for more than 800 patents in 2018 for Tech giant IBM. IBM has received 9,100 patents in 2018 across areas like artificial intelligence (AI), cloud computing and cybersecurity. India was the second highest contributor to the global record tally.
“In 2018, IBM employee inventors received a record number of 9,100 patents, marking the company’s 26th consecutive year of the US patent leadership. IBM also led the industry in the number of AI, cloud computing, security, and quantum computing-related patent grants, with more than 4,000 patents,” it said.
It is committed to leading the way on technologies that change the way the world works and solving problems which many people have not even thought of yet, IBM chairman, president and CEO Ginni Rometty said.
“Our clients and their customers are the beneficiaries of these innovations, particularly our leadership in AI, cloud, blockchain, and security for business,” she added.
Overall, the patents were granted to a diverse group of more than 8,500 IBM inventors in over 40 countries.
The innovative progress shown by India is a clear example of what Indian scientists and engineers can accomplish if they are given the right atmosphere for research; something which academic research lacks. Academic research is plagued by lack of funds, students working on outdated technology, plagiarism, and lack of financial stability. If the similar approach is translated into the academic domain, our Universities would easily become world-class.