LexisNexis PatentSight Wins award for Best Big Data Reporting & Analytics Software
by Nabu Xavier, on Jun 14, 2019 10:26:00 AM
We are what we repeatedly do. Excellence, then, is not an act, but a habit.
The entire team is ecstatic about winning the "Best Big Data Reporting & Analytics Solution" award at this years SIIA CODiE awards. This was announced at the Business Technology & Company CODiE Award Winner Announcement Party at San Francisco. LexisNexis PatentSight was announced one of three finalists earlier this year, in May. The first-round review of all nominees is conducted by software and business technology experts with considerable industry expertise, including members of the industry, analysts, media, bloggers, bankers and investors. The scores from the expert judge review determine the finalists. SIIA members then vote on the finalist products, and the scores from both rounds are tabulated to select the winners. We’re honored and humbled to be receiving the CODiE Award and congrats to all the other winners.
“The CODiE Awards have long recognized the most innovative high-impact products in the market and the 2019 winners continue this grand tradition,” said Jeff Joseph, SIIA President. “We are thrilled to spotlight these exciting products and the power they have to revolutionize how we do business. Congratulations to all our honorees.”
The competing solutions were judged based on their: Ease of use, Innovation, Security and auditing, Reporting and Analytics, Manipulation of data, Functionality of key attributes, Data management, Collaboration and Integration.
CODiE judges were captivated by PatentSight
According to the Software and Information Industry Association (SIIA), during their assessment, CODiE’s panel of experts endorsed the capabilities of our solution. They said: “The ability of PatentSight to extract meaning from patents, primarily from metadata such as citations, is absolutely breathtaking. They go deep into measures of the lasting value and impact of patents, work to validate their results, and present a wide variety of results in useful and interesting ways. Superb work. Visualizations are also impressive. PatentSight is an excellent product!” Judges also praised the technical sophistication of the tool, calling it “robust” and “top notch”.
“The 2019 CODiE Award finalists are some of the most innovative, high-impact products in the market. We are thrilled to place a spotlight on these innovations and the power they have to transform the future of how we do business.” said Jeff Joseph, President of SIIA.
Artificial Intelligence will add enhanced capabilities to PatentSight
“In total, 5 LexisNexis products in various categories were named finalists. We are very proud to have been selected as a finalist in the very first year of our submission with PatentSight.” said Ethan Eisner, President of LexisNexis IP. Nils Omland, founder and CEO of PatentSight added, “With additional data and improved AI technologies, we will continue to further develop PatentSight to provide unparalleled insights to our customers. We are determined to remain the benchmark in strategic patent analytics.”
About the SIIA CODiE Awards
The SIIA CODiE Awards are the premier awards for the software and information industries and have been recognizing product excellence for over 30 years. The awards offer 76 categories that are organized by industry focus of education technology and business technology.