Clarivate (CLVT) Introduces AI-Powered Tool for Faster Reviews

Clarivate Plc (NYSE:CLVT) is one of the 15 Best Technology Penny Stocks to Buy. On December 4, RBC Capital lowered its price target on Clarivate Plc (NYSE:CLVT) from $6 to $5 and maintained its hold rating on the stock.

In other news, on November 24, Clarivate Plc (NYSE:CLVT) reported that it is launching Derwent Patent Monitor. This new software simplifies intellectual property (IP) and research and development collaborative patent reviews when evaluating patentability, freedom to operate (FTO), and opposition or assertion.

Clarivate (CLVT) Introduces AI-Powered Tool for Faster Reviews

Derwent Patent Monitor is built on proprietary data from the Derwent World Patents Index (DWPI), which is the world’s largest database of more than 67 million invention summaries. Over 850 Clarivate Plc (NYSE:CLVT) experts wrote these summaries in order to help teams review patents of interest faster.

This new tool uses AI to evaluate possible threats. This speeds up first-pass reviews (Threat Analysis) to highlight the biggest risks for stakeholders. This helps patent professionals proceed with more trust and speed.

Clarivate Plc (NYSE:CLVT) has built Derwent Patent Monitor to make collaboration easier. It helps improve efficiency through structured, project-based reviews and removes the need for using emails or spreadsheets. This keeps everyone in the team aligned and informed for quicker patient checks.

Clarivate Plc (NYSE:CLVT) is a global company that offers data, insights and analytics, and workflow solutions and services in the areas of Academia & Government, Intellectual Property, and Life Sciences & Healthcare.

While we acknowledge the potential of CLVT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CLVT and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.