The company's CEO, Jard van Ingen, believes that the key to predicting technological winners lies in measuring rates of technological improvement. He argues that the technologies that revolutionize daily life are those that progress the fastest. Focus's technology has been recognized with the 2024 CES Innovation Award in the AI category, and the company counts Philips, Reckitt, Suez, and the US Navy among its clients.
Key takeaways:
- Focus, a Rotterdam-based startup, uses artificial intelligence to analyze global patent data to predict future technological trends and help companies make informed investment decisions.
- The company's technology uses Large Language Models (LLM), Vector Search, and Multivariate Regression to process patent data, track emerging technologies, and predict their future performance.
- CEO Jard van Ingen believes that the key to predicting the success of a technology lies in measuring its rate of technological improvement, not its initial performance.
- Focus has worked with companies like Philips, Reckitt, Suez, and the US Navy, and won the 2024 CES Innovation Award in the AI category.