Software Patent

Software Patent Overview

Software Patent Overview

INTRODUCTION

The concept of “intellectual property” in India over the last few years has taken on some epic proportions for a number of reasons. One of the main reasons, due to the increasing awareness among India’s urban population, is the importance and, more importantly, the commercial benefits in protecting its intellectual property rights both inside and outside India.

And under the traditional principles of intellectual property protection, patent law is to promote scientific research, new technology and industrial progress. The basic principle of patent law is that a patent is granted only for an invention i.e. new and useful the invention must have both novelty and utility. The granting of patents thus becomes industrial property and is also called intellectual property. And computer software is a relatively new recipient of patent protection.

The term “Patent” comes from the term “Patent Letter”. This expression ‘Patent Letter’ means an open letter and is an instrument under the Great Seal of the King of England which is addressed by the Crown to all common people whereby the Crown grants certain rights and privileges to one or more individuals in the kingdom. .

At the end of the 19th century new discoveries in the field of art, processes, methods or methods of manufacture, machines and other substances produced by manufacturers increased and inventors became very interested so that the discoveries made by them should not be violated by others. by copying them or by adopting the methods used by them. To save the interests of the inventors, the British rulers at that time enacted the Patents and Designs Act of India, 1911.

With regard to invention patents related to software, it is currently one of the most heated areas of debate. Software has become patentable in recent years in most jurisdictions … Read more

DevOps for the Insurance Industry

Benefits of DevOps for the Insurance Industry

Benefits of DevOps for the Insurance Industry : The first known insurance contracts date back to Genoa in 1347. With a rich history spanning more than 650 years, insurance is one of the largest service industries in the world. Also, Insurance based on it assumes human touch and relationships. As a result, the Insurance Industry has built a reputation as a “Legacy Field: Traditional, careful and conscientious!”

Now in the era of Digital Transformation, the Insurance industry focuses on mobile applications and online services to reach its customers. These initiatives are complex and the prospect of implementing large-scale change is daunting.

There are several unique barriers for Insurance leaders to embrace digital transformation in taking their organizations to the next level, such as leading organizational change in traditional cultures, agility to embrace new technologies and ensuring quality and reliability.

DevOps for the Insurance and related sectors certainly helps to overcome some of these challenges, which can be categorized as follows:

Business Challenges:

Comparison shopping and insurance aggregators drive a competitive business environment.
Leverage data analytics to provide a better customer experience and more efficient operations.
Increase profitability.
Technology Challenges:

Build personalized, data-driven digital channel applications.
Provides a better digital channel experience across all channels.
Increased regulation hinders the ability of insurance companies to deliver and innovate.

DevOps is a new model that provides effective solutions to accelerate digital transformation in core areas of operations.

DevOps helps in optimizing the value delivered to their customers and shareholders and promotes an agile and flexible delivery approach that facilitates a cross-functional environment, along with creating a culture of continuous improvement. On a foundation of Collaboration, communication, Integration and Automation, DevOps ensures reliability, agility, flexibility and quality!!

In the insurance industry, time to market is directly related to success. The DevOps model helps insurers … Read more