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January 19, 2022

Internet of Things: J&J top innovator at tail end of 2021

Yet research and innovation in internet of things in the clinical trial operations sector has declined in the last year.

By Data Journalism Team

Johnson & Johnson was the top internet of things (IoT) innovator in the clinical trial operations sector in the last quarter. The company filed 63 IoT related patents in the three months ending November 2021. That said, this was down from 96 over the same period last year.

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J&J was followed by Merck with 14 IoT patent applications, Gilead Sciences (14 applications), and Bayer (12 applications).

Merck has recently ramped up R&D in IoT. It saw growth of 14.3% in related patent applications in the three months ending November compared to the same period last year - the highest percentage growth out of all companies tracked with more than 10 quarterly patents in the clinical trial operations sector.

IoT innovation declines

Nevertheless, research and innovation in IoT in the clinical trial operations sector has declined in the last year.

The most recent figures show that the number of IoT patent applications in the industry stood at 95 in the three months ending November - down from 160 over the same period last year.

Figures for patent grants related to IoT followed a similar pattern to filings - shrinking from 173 in the three months ending November last year to 94 this year.

The figures are compiled by GlobalData, who track patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.

IoT is one of the key areas tracked by GlobalData. It has been identified as being a key disruptive force facing companies in the coming years, and is one of the areas that companies investing resources in now are expected to reap rewards from.

Related Companies

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Spot leading innovative companies with GlobalData’s Innovation Scorecard

Innovation remains a necessity in a disruptive ecosystem, as continuous innovation allows companies to adapt, evolve, and grow through disruption. Using our in-house alternative datasets, we are excited to launch GlobalData’s Innovation Scorecard. This scorecard will allow clients to rank 3,500+ companies on their innovation activity, impact, and disruptive potential across geography, sector, and theme. The scorecard provides a data-driven framework to rank leading companies on the potential of their intellectual property (IP) portfolio. GlobalData’s Innovation Scorecard focuses not only on the activity of innovation in the organization but also on its impact and disruptive potential using the 3I framework: Intensity, Impact, and Ingenuity. The tool helps clients to identify the most innovative companies that are disruptive leaders and challengers and can create alpha for their portfolio using the insights driven by 19+ high-value KPIs. Download our report to find out more about this innovative tool. Key findings derived from this tool include:
  • Alphabet, Tencent, and Qualcomm are the top three innovative companies in the last 10 years
  • The scorecard finds Technology & Communications and Pharma & Healthcare as the two main sectors driving innovation
  • Loreal placed as ‘Disruptive Leader’ in the Consumer sector, while Revlon has been identified as a traditional laggard
  • Companies such as Etsy and H&M are challenging retail ‘Disruptive Leaders’ Amazon and Walmart
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