IPlytics CEO Tim Pohlmann has published a study on the effects of Standard Essential Patents on standardization processes for future IoT technologies. The article, published in the current issue of Research Policy, studies the role of Standard-Essential Patents (SEP) in the development of IoT technology standards.
Such technology standards will enable the connection of devices, vehicles, buildings and other items with electronics, software or sensors. Standards such as LTE, Wifi, RFID, NFC or Bluetooth are highly patented. The use of these communication standards may thus result in high royalty payments and legal uncertainties for a large number manufacturers. IPlytics has created a patent analytics platform that connects information on over 2 million standards with patent filings to help e.g. car manufacturers to foresee patent behavior for connected car technologies. But how does the increasing patenting in the ICT world influence the development of IoT and smart car standards?
Internet of Things will be the next stage of the information revolution where communication standards will facilitate the inter-connectivity of everything from urban transport to medical devices to household appliances but also to industrial machines or cars. ICT standards allows e.g. machines or cars to exchange information yielding a direct integration of the physical world into computer-based systems. The published study illustrates how the interplay of patent and standards influence the development of standardized technologies.