Hestia Insight Inc. has unveiled Pat-Agent, an AI-driven patent service aimed at transforming the patent filing process for small and medium enterprises (SMEs). This innovative solution promises to cut costs by up to 80% and significantly reduce filing timelines, making patent protection more accessible to over 234,000 SMEs each year. The launch of Pat-Agent is timely, as the legal AI market is expected to expand to $10.8 billion by 2030, underscoring the demand for cost-effective and efficient patent filing options.
The effectiveness of Pat-Agent was proven by Hestia Insight, which used the service to file its own patents, achieving an 80% cost reduction and shortening the process from two months to just ten days. Early users of Pat-Agent have reported comparable success, utilizing the service to broaden their patent claims and strengthen their intellectual property defenses. Edward Boyle, Chief Strategy Officer at Hestia Insight and the mind behind Pat-Agent, highlighted the outdated and expensive nature of traditional patent filing as a widespread issue for SMEs.
What sets Pat-Agent apart is its AI-powered patent intelligence, capable of analyzing thousands of related patents in minutes and providing users with detailed graphical maps of the patent landscape. This, combined with objective scoring based on USPTO patentability criteria and predictions of examiner acceptance rates, makes Pat-Agent an indispensable resource for SMEs looking to safeguard their innovations. Additionally, the service tackles the high rejection rate of patents by facilitating swift amendments to filings, a process that traditionally takes months, in mere days and at a significantly lower cost.
For further details on Hestia Insight Inc. and its SEC filings, visit http://www.sec.gov. Pat-Agent marks a major advancement in making patent filing more accessible and affordable for SMEs, signaling a transformative moment in the integration of AI with legal services.
