Real Time Translation and Interpretation Patents Available for Auction on the Ocean Tomo Bid-Ask™ Market

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Technology provides personalized global communication assistants in real time through Artificial Intelligence, AI- powered and human augmented translation and interpretation

Patent Auction Lot 55

The platform and knowledge base gets smarter and more efficient with every interaction to provide real-time translation and interpretation overcoming the limitations of machine translation.

Ocean Tomo Transactions, LLC will auction US Patent 8244222 part of Auction Lot 55, related to a platform and knowledge base that gets smarter and more efficient with every interaction to provide real-time translation and interpretation overcoming the limitations of machine translation.

The 43 billion dollar US market for translation and localization services is highly fragmented. Among the market participants no one has applied the power of social networking, intelligent matchmaking, mobile device technology, cloud-based platform and artificial intelligence to create an intelligent workflow leveraging human translators and interpreters to provide personalized global communication assistants in real-time.

This patent in Lot 55 would be of interest to cellular service providers, global communication and translation providers, teleconferencing and chat platform providers, enterprise software and SaaS companies, smart home and enterprise voice assistant providers, call centers and companies that outsource customer service.

Co-inventor and XPrize Vanguard, Steven Sikes, observes that machine translation faces challenges with natural language processing. Mr. Sikes continues, “Our invention, Professional Translation and Interpretation Facilitator, combines deep learning techniques for translation and speech recognition to augment translation and interpretation by humans in real-time.”

This lot is available for purchase. To request bidder credentials or for further information on this auction or other auctions on the Ocean Tomo Bid-Ask™ Market, contact Dean Becker at dean(at)OTI(dot)com or +1-251-333-8627.

About the Ocean Tomo Bid-Ask™ Market

The Ocean Tomo Bid-Ask Market is an open on-line platform to buy and sell patents. This market is an important step forward, both as a simplified solution for patent transactions as well as a source of information on patent pricing.

The Ocean Tomo Bid-Ask Market uniquely combines the efficiency of an online platform with an experienced team of brokers fluent in both English and Mandarin. The market uses standard transaction documents and is open, transparent and free to view.

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Kristi Stathis
Ocean Tomo, LLC
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