Alteryx has filed a patent for a computer-implemented method that involves analyzing a document and extracting key names from it. The method includes identifying strings of characters within the document, generating a document graph with nodes and edges, identifying keys based on the graph and key names, extracting values from the document, and generating key-value pairs. GlobalData’s report on Alteryx gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on Alteryx, Social media analytics was a key innovation area identified from patents. Alteryx's grant share as of September 2023 was 38%. Grant share is based on the ratio of number of grants to total number of patents.

The patent is filed for a computer-implemented method for document analysis and key extraction

Source: United States Patent and Trademark Office (USPTO). Credit: Alteryx Inc

A recently filed patent (Publication Number: US20230282013A1) describes a computer-implemented method for analyzing documents and extracting key information. The method involves receiving a document to be analyzed and a set of key names to be extracted from the document. The document is then processed using optical character recognition (OCR) to identify strings of characters and their locations within the document. A document graph is generated, consisting of nodes representing the strings of characters and edges connecting related nodes.

Based on the document graph and the set of key names, a set of keys is identified. The method also involves extracting values from the document and generating key-value pairs based on the identified keys and extracted values. The values are extracted by delining the document, applying a run length smearing algorithm (RLSA) to identify foreground and background pixels, generating bounding boxes based on the foreground pixels, and extracting values from the bounding boxes.

The patent also describes a non-transitory computer-readable memory storing executable computer program instructions to perform the same operations as the computer-implemented method. Additionally, a computer system is described, consisting of a computer processor and a non-transitory computer-readable memory, which can execute the computer program instructions to analyze documents, extract key information, and generate key-value pairs.

Overall, this patent presents a method, computer-readable memory, and computer system for efficiently analyzing documents, extracting key information, and generating key-value pairs. The use of OCR, document graph generation, and value extraction techniques contribute to the accuracy and effectiveness of the method. This technology has the potential to streamline document analysis and information extraction processes in various industries, such as data entry, document management, and information retrieval.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.