Indian Institute of Science, Bengaluru, (IISc) and Prorigo Software Pvt. Ltd. has jointly developed a software that helps automate the legal and bureaucratic part of the patent process for intellectual property developed by Indian academics in large and small institutions.
The software is not only better for academics to use, but comes at a fraction of the cost of software developed outside India – which was the only option available until now.
Srinivasan Raghavan, Chairman, Nano Science and Engineering, IISc said, “A solution that can be adapted to Indian educational needs, which exists at an affordable price, which is not affordable.” In 2016, work was started on the software named ProrIISe, when he headed the Intellectual Property and Technical Licensing Section (IPTeL) of the institute. Since then, the software has been tested at IISc for more than three years, to the satisfaction of its faculty.
IISc director Govindan Rangarajan said the faculty’s response was ‘highly positive,’ and ‘he praised everything being logged in one place.’ Kaustubh Karandikar, a director of Prorigo Software, said the solution would cost a few lakh rupees.
Version 2.0 of the software, slated for release in 2021, will also automate the financial part. The next version, which is expected to be released in 2022, will bring an artificial intelligence approach to the processes required to evaluate patents.
Mr. Karandikar further stated that two options are available for small firms and institutions to use: one, where applications are deployed and managed in Prorigo’s cloud environment. Subscription fees for this will cover both cloud infrastructure costs and software license or management costs. Another, enterprise solution for large enterprises, occurs when applications are deployed in a customer’s own cloud environment that is managed by ProRigo. Subscriptions paid to Prorigo are for application software licenses and management costs only.
.
Leave a Reply