Index Investing News
Wednesday, April 15, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Patent registrations and innovations in energy and in health

by Index Investing News
April 10, 2023
in Opinion
Reading Time: 4 mins read
A A
0
Home Opinion
Share on FacebookShare on Twitter



Patent registrations and innovations in energy and in health

During the last week of March the prominent European Patent Office (EPO) issued its annual Patent Index of 2022. Since the registration of new patents generally provides an early insight into the latest innovation and inventions, the index offers some interesting information regarding the innovation performance of countries.

One of the main benefits of patent registration is that it provides legal protection for new inventions and ideas, allowing inventors and businesses to protect their intellectual property and commercialise their innovations.

It is this protection that often encourages entrepreneurs and investors to invest in research and development, as it provides a mechanism for companies to recoup their costs and profit from their inventions.

Patents further facilitate the dissemination of knowledge and technology, as they require inventors to disclose the details of their invention in order to be granted a patent.

This often leads to the development of new technologies and the creation of new markets, as other inventors and businesses build on existing ideas and develop new or complementary applications for them.

From the EPO Patent Index it is evident that there were numerous “smart” technology filings that included areas from transport to healthcare.

One of the areas that showed a significant increase in the registration of patents is digital and clean-energy technologies.

Smart grids

As the use of renewable energy sources expand, the interest in smart grids to balance the increasingly complex task of supply and demand is growing.

From the registered patents it is evident that the current emphasis in smart grids is on smart energy storage systems, metering infrastructure, distribution boards and circuit breakers. All these elements are now interconnected and monitored through the use of fibre broadband and a wireless back-up system.

It is clear that future digital energy infrastructure must be able to effectively exchange information such as that created by smart home energy management systems.

Storing of renewable energy

In the registration of patents, the storing of renewable energy received much attention. It is clear that patents are moving away from the constraints of traditional energy storage systems such as pumped-storage hydro-electricity plants.

One example is the usage of locally produced salt for the thermal storage of energy.

Mechanical energy storage technologies to store energy during off-peak periods or high-wind speeds have also been patented such as flywheel energy storage that entails the acceleration of a rotor or flywheel to a high speed.

The flywheel then releases its kinetic energy through a dynamo to create electricity.

However, the area that received the most attention is green hydrogen, which involves the production of hydrogen through the use of electrolysers powered by renewable energy with zero emissions.

Smart health

Increased connectivity, as well as the use of communication, medical and computer technology and smart devices, have enabled health services to move beyond hospitals and clinics to people’s homes.

Telemedicine and teleconsultations have become part of daily life. Increasingly, virtual health assistants are more and more integrated into medical devices and applications.

Among the patent registrations were several remote care platforms that connect to wristwatches with sensors to monitor the person’s heart rate, breathing, skin temperature, as well as blood sugar, pressure and oxygen saturation in real-time.

The constant increase in computer processing capacity and the miniaturisation of electronics enhanced the ability to process more data and run advanced diagnostics, as well as breakthroughs in drug discovery and development, robotics and therapy-related inventions.

Artificial intelligence (AI)

The latest developments in smart health have seen a significant increase in patents relating to AI, in particular in diagnostic technologies, medical simulation, digital surgery, medical imaging, smart devices and new therapies.

Medical practitioners are supplemented by AI-driven image recognition and deep learning capabilities in multiple fields such as radiology, dermatology and ophthalmology.

AI is excellent in pattern recognition and thus improves the accuracy of cancer diagnosis.

Ultrasound probes have been patented that can be plugged into a smartphone. These probes come at a fraction of the cost of larger conventional machines, are more versatile and can be used anywhere.

MRI is one of the world’s most widely used diagnostic tools. AI in camera-based sensing technology is used to correctly position a patient for an MRI scan and can even enable the machine to monitor the rhythm of a patient’s breathing.

AI patents have also been registered to support people with chronic illnesses in their daily routines by monitoring their behaviour and reminding them to take their medicine.

Patents and innovation

By providing legal protection, promoting knowledge sharing and attracting investment, patents can create an environment that fosters innovation and eventually economic growth.

From the European patent registrations it is clear that innovation in the world is led by countries such as the US, Germany, Japan and China. From an innovation perspective it is, unfortunately, extremely disquieting that South Africa only managed to register three patents in Europe in 2022.

Professor Louis Fourie is Extraordinary Professor in Information Systems, University of the Western Cape.

BUSINESS REPORT



Source link

Tags: EnergyhealthinnovationsPatentregistrations
ShareTweetShareShare
Previous Post

FL Governor Ron DeSantis Just Outlawed a Future Digital Dollar

Next Post

Here’s why you should add BlackRock (BLK) stock to your portfolio

Related Posts

Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates – FREEDOMBUNKER

Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates – FREEDOMBUNKER

by Index Investing News
April 13, 2026
0

Affordability-aiding lower mortgage rates battled a sentiment-sapping surge in geopolitical panic in March, with analysts expecting the latter to outweigh...

What the GOP can learn from listening to voters instead of consultants –
Las Vegas Sun News

What the GOP can learn from listening to voters instead of consultants – Las Vegas Sun News

by Index Investing News
April 9, 2026
0

Thursday, April 9, 2026 | 2 a.m. For the political class, the arrival of the primary season is like opening...

rethinking retail to serve both consumers and independent retailers

rethinking retail to serve both consumers and independent retailers

by Index Investing News
April 1, 2026
0

Ed von Gericke|Published 2 days agoIn today’s cost-conscious, hyper-competitive retail landscape, shoppers are making tough trade-offs to stretch their budgets amid rising...

Is It Too Late to Build Wealth? How to Start at 35, 45 or 55

Is It Too Late to Build Wealth? How to Start at 35, 45 or 55

by Index Investing News
March 29, 2026
0

“I’m 35… is it too late?”, “I’m in my 40s… is it still possible?”, “I’m 55… did I miss my...

Democrats are committing political suicide over anti-ICE obsessions

Democrats are committing political suicide over anti-ICE obsessions

by Index Investing News
March 28, 2026
0

Democrats now risk a midterm-elections fiasco if they can’t let go of their anti-ICE obsession, and their related insistence on...

Next Post
Here’s why you should add BlackRock (BLK) stock to your portfolio

Here’s why you should add BlackRock (BLK) stock to your portfolio

WA Senate OKs assistance for homebuyers affected by racist covenants

WA Senate OKs assistance for homebuyers affected by racist covenants

RECOMMENDED

GOP leaders abandon truth – Las Vegas Sun Newspaper

GOP leaders abandon truth – Las Vegas Sun Newspaper

June 19, 2023
This Sample Hints Pi Community Worth Might Extra Than Triple

This Sample Hints Pi Community Worth Might Extra Than Triple

December 16, 2024
Why Not Privatize the Publish Workplace?

Why Not Privatize the Publish Workplace?

January 23, 2025
XRP Lawsuit: Here’s The Latest Update On SEC Vs. Ripple Case

XRP Lawsuit: Here’s The Latest Update On SEC Vs. Ripple Case

January 26, 2023
Man Utd’s finest and worst gamers in rollercoaster Porto draw

Man Utd’s finest and worst gamers in rollercoaster Porto draw

October 4, 2024
Now you possibly can spend money on Elon Musk’s xAI via Cathie Wooden’s ARK Enterprise Fund

Now you possibly can spend money on Elon Musk’s xAI via Cathie Wooden’s ARK Enterprise Fund

May 29, 2024
Grand Prix de Paris: French Derby runner-up El Bodegon bids for ParisLongchamp glory | Racing Information

Grand Prix de Paris: French Derby runner-up El Bodegon bids for ParisLongchamp glory | Racing Information

July 13, 2022
The Ownership Revolution, Dominating Instagram And Understanding The Consumer

The Ownership Revolution, Dominating Instagram And Understanding The Consumer

February 1, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In