IBM received the most patents for the 24th year in a row and broke the US record in 2016.
It had 8,088 patents granted to its inventors over the 12 months covering areas such as artificial intelligence (AI), cognitive computing, cloud, health and cyber security.
No other company in US history has managed to get 8,000 patents in a single a single year. And to put that in perspective, that means that IBM invents 22 new things a day.
It also owns a third of the patents relating to AI, cognitive computing and cloud computing alone. The details were released by Ginni Rometty, IBM’s chairman, president and CEO who said:
“We are deeply proud of our inventors’ unique contributions to discovery, science and technology that are driving progress across business and society and opening the new era of cognitive business.”
There are nine other innovative companies in the top ten list and guess what? Apple does not even make the top ten.
The list goes IBM, Samsung, Canon, Qualcomm, Google, Intel, LG, Microsoft, TSMC and Sony.