26 Apr '17, 7am

60,000 is the number of #patents Siemens holds globally securing our intellectual property

60,000 is the number of #patents Siemens holds globally securing our intellectual property

In terms of external appearances, the offices of Beat Weibel and his team don't look very different from those of the Finance Department. The work done in them is similar too, because his team also deals with company assets. But Weibel’s experts are not concerned with financial assets, holdings in companies, real estate, buildings or machines. Instead, their business is intellectual property (IP). Weibel manages a staff of more than 400 at Germany’s largest corporate intellectual property rights department. Capitalizing on technological innovations isn't a trivial matter. Protecting them is expensive, and to do so companies need a sound patent strategy. In fiscal 2016, Siemens employees reported 7,513 inventions within the company itself, and Beat Weibel's team submitted approximately 3,500 initial patent applications. Based on 220 working days in a year, this represents a...

Full article: https://www.siemens.com/innovation/en/home/pictures-of-th...

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