These days it is difficult to peruse the popular media, business periodicals and legal journals without reading about businesses undergoing a “digital transformation” and the rise of the Internet of Things (IoT). But what exactly is the Internet of Things?
Before preparing to do this webinar I have to admit that I thought the Internet of Things, or IoT as it is commonly referred to, was more of a marketing ploy than anything else. You hear all the time that the Internet of Things will connect everything. That is nice, but what exactly does that mean? What are the innovation implications? What are the legal ramifications? As you start to understand what is really contemplated by the Internet of Things your eyes open and jaw begins to drop. When Ray Millien writes that this is the 4th Industrial Revolution he really is not exaggerating.
Much of the technology developed for the IoT focuses on data analytics and data processing, areas for which current case law has raised significant barriers to utility patent protection in the United States. Perhaps those barriers will be reduced in coming years, but the reality is that the Internet of Things lives in the cloud and data is the currency, which raises myriad of issues.
With IoT transitions, lawyers must first educate themselves and then adopt their traditional lawyering approaches in order to capture and secure rights for such IP. A failure to recognize and adapt will result in a failure of IP law practitioners’ essential job function: helping to create client profitability and enabling long-term business growth.
But, how do you protect intellectual property (IP) related to the Internet of Things and its accompanying sensor hardware, wireless communications, big data, software analytics and cloud computing advances? We are only just now starting to come out of the software patent wilderness with the Federal Circuit recognizing that at least some software is patent eligible.
Join Gene Quinn (IPWatchdog.com), Ray Millien (Chief IP Counsel for GE Oil & Gas) and Julia Elvidge (President of Chipworks) on Thursday, December 1, 2016, at 12pm Eastern, for an panel discussion on the Internet of Things, what it is, what it means for the future of innovation, and what legal issues will be confronting clients (and lawyers) in this 4th Industrial Revolution.
In addition to your questions we will discuss:
- What “going digital” means and the concept of IoT;
- How to develop new approaches better suited to the rapidly changing, connected-yet-disconnected network of innovations forming IoT
- New and existing approaches to guard IP while at the same time facilitating interoperability; and
- IP protection in the interoperable world of the IoT
CLICK HERE to register.