Hike was just lately acknowledged as one of many prime 3 patent filers within the discipline of IT. With 66 patents filed within the yr 2017-2018, Hike joined the ranks of Wipro & TCS in a listing unveiled by the Workplace of the Controller Common of Patents, Design & Logos, Division of Promotion of Trade & Inner Commerce, Ministry of Commerce & Trade. Maintaining in keeping with a tradition of analysis & innovation it additionally launched the Hike Patent Program. This system won’t solely incentivize Hike workers with rewards and grants but in addition lend authorized and market steerage to potential patent filers.
Staying true to Hike’s imaginative and prescient of ‘Constructing a New Social Future’ backed by AI & ML, this system is an initiative to domesticate AI innovation internally. This system will empower Hikers with assist throughout their patent submitting journey in addition to provide rewards and grants ranging as much as INR 60,000 per inventor relying on the influence of the concept.
Dr. Ankur Narang, Vice President – AI and Knowledge Applied sciences, Hike, stated, “Hike is pushed by innovation & we as an organization are always trying to elevate the bar on inventing on behalf of our prospects. One of many ideas driving our imaginative and prescient of constructing a brand new social future is developments in tech & AI. These developments in tech enable us to create a lot richer, extra customized experiences for our customers. This has led to us to changing into one of many prime 3 patent filers within the nation, to speed up this tradition even additional we launched the Hike Patent Programme. With greater than 66 patents filed within the final yr alone, we see this system as a catalyst bringing extra improvements to the forefront & co-create new concepts for the ecosystem.”
With AI on the core of the corporate, Hike has made a number of strides to additional allow the ecosystem. It’s areas of analysis & work embrace Pure Language Processing (NLP), Laptop Imaginative and prescient & Social Community Evaluation. From being one of many solely gamers to make use of NLP for native languages & fixing for a mass scale to showcasing developments throughout prestigious world & home platforms. A few of its newest initiatives embrace publishing educational analysis at prestigious platforms comparable to IJCAI & ECIR & partnered with native academia comparable to IIITD. It additionally just lately hosted AI First, an unique occasion that introduced a few of the finest minds within the AI & ML ecosystem collectively. Later this month it’s slated to take part in Google’s Tensor Movement Occasion as one of many solely Indian firms to take action.
