Patent Forecast® Insights

Market news and predictions, curated by our mix of AI and human analysts, all aided by our Patent Forecast® software. Patent Forecast software spots market shifts and industry trends long before they happen – like getting tomorrow’s news today. Try it for yourself.

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Time For Your TV To Track Your Calories

It’s said that abs are made in the kitchen, but now it might be possible from your couch. This is great news for Americans, who on average spend over 4 hours a day watching TV!  Sony was issued a patent for monitoring the health condition of a television user. The system incorporates machine learning and food recognition to calculate the caloric intake of a television user. Although there are many options (e.g. Apple Watch) to track your fitness…

Amazon Wants to Watch You Sleep

In March of 2021, Patent Forecast highlighted that patent data predicted that Google would be developing an IR-based sleep detector almost a year before Google confirmed it with an FCC filing. The new Nest Hub integrates products from the Nest acquisition with radar technology from Soli, which Google started developing in 2015. In July 2021, an FCC filing by Amazon suggests that the tech giant is moving in a similar direction — but the patents…

Were You Exposed to COVID-19? Here’s What You Could Do Next.

Note: This article is not intended as medical advice.  The COVID-19 pandemic has inspired people of all talents to help wherever they can whether it be distilling hand sanitizer rather than spirits or making masks rather than shirts. Most of these developments have been for the prevention of the disease, but what do you do if you think you’ve been in contact with someone with the virus? How will you combat it then? This virologist might have the…

Abaxx Brings Tokenization to Commodities Markets, But Is It Already There?

Abaxx is a Canadian start-up specializing in reducing risk in commodities trading. According to its social media, its Singapore-based platform is set to launch later in 2021. Abaxx has been open about how its platform is planning on using blockchain middleware to try and disrupt current financial practices, but is its technology really so unique? An application recently published for Abaxx refers to receiving an ask price and a bid price for a…


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Sustainable Chocolate Packaging!

TemperPack Technologies, founded in 2015 and located in Richmond VA, has a brand new insulated bag and sleeve for carrying groceries. Additionally, the company is boxing chocolate using sustainable materials: TemperPack and e-commerce firm…

Ouster focuses on low cost, mechanical LIDAR units

Bay Area startup Ouster creates low cost, mechanical LIDAR units that it hopes will drive autonomous vehicles from a luxury to an everyday tool. Coinciding with the publication of several of its patent applications, the company…

When Autonomous cars are so perfect, they cause more accidents

According to accident reports released by the state of California, autonomous car companies testing their vehicles statewide have the most collisions when a human driver rear-ends a robot-driven vehicle. On first glance, this makes no…

Forget the smile – just have a Coke and some pot

Coke made big news last week when Aurora Cannabis Inc, a Canadian licensed cannabis producer, announced a possible future partnership with the American beverage company to develop cannabidiol (CBD) infused beverages. As you've probably…

The 1 thing startups must know about patents – or your idea is done for

When US Patent laws changed in 2013, priority was given to the first-to-file, not the first-to-invent, meaning any company gearing up to enter the market. What does this mean for entrepreneurs? Before you sell ANYTHING, you must to file a…

A hearing-aid company enters the “I’ve fallen and can’t get up” industry. Pay attention..

This Medical Alert industry, for many decades now, has manufactured devices designed to alert caregivers after a fall occurs, via a transmitter devices worn around a patient’s neck. That’s about to change. Starkey Laboratories (Eden Prarie…

Ford reorganizes to focus on autonomous vehicles

As with every industry sector we’ve observed, patent investment always leads market activity. We’ve seen this pattern repeated over and over in every commercial sector, from mobile payments to cryptocurrency to pharmaceuticals. Looks like…

Coming to a Bank of America near you: Cryptocurrency brokerage accounts?

On December 2017, Bank of America received their 2nd United States patent within the cryptocurrency sector, bringing them into the running with the technology giants Google, Paypal, and Amazon. BofA’s new "Cryptocurrency transformation…

Think cryptocurrency is a fad? Bank of America disagrees with you.

When large multi-billion dollars companies start investing, it’s officially a trend. According to recent patent filings, large banks keep developing blockchain-based systems. This trend has been quietly gaining momentum since 2013, as our…