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New Center for Excellence Fuels Prize to Help Modernize Tools for Patent Examination

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Summary Today the U.S. Patent and Trademark Office (USPTO) in cooperation with the newly unveiled Center of Excellence for Collaborative Innovation (COECI) launched the USPTO Innovation Challenge, a $50,000 prize to develop new algorithms to aid in patent examination.
Description Few image processing problems can be solved reliably today, but image processing experts think this particular problem is sufficiently well definedto reap the benefits of crowdsourcing, which has a strong track record of surfacing novel solutions from unexpected places. In fact, more than 900 programmers and image processing experts from around the world have pre-registeredto compete in this Challenge, increasing the chance it will end up with effective algorithms. Results are expected to be selected before February 16, 2012.

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