Tata Consultancy Services has developed a method and system for sustainability measurement in industries. By analyzing organizational data, extracting features, and calculating similarity scores, the system can classify sentences and indicators to measure the sustainability of an organization. This innovative approach enhances industry monitoring for sustainable practices. GlobalData’s report on Tata Consultancy Services gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Tata Consultancy Services, was a key innovation area identified from patents. Tata Consultancy Services's grant share as of February 2024 was 71%. Grant share is based on the ratio of number of grants to total number of patents.
Method and system for sustainability measurement in industries
A recently granted patent (Publication Number: US11915506B2) discloses a processor-implemented method for sustainability measurement. The method involves collecting organizational data from various sources, extracting this data using data-crawling mechanisms, and processing it to generate matrices representing words and indicators. By calculating similarity scores between sentences and indicators, the method identifies matching indicators for each sentence and measures the sustainability of an organization based on the majority indicator category found in the collected documents. The system also classifies sustainability documents based on extracted features like numerical presence, data features, units of measurement, and sentence length, providing a comprehensive approach to sustainability measurement.
Furthermore, the patent also describes a system and a non-transitory computer-readable medium for sustainability measurement. The system includes hardware processors, a communication interface, and memory storing instructions for collecting, extracting, and processing organizational data to measure sustainability. Similarly, the computer-readable medium contains instructions for performing the same sustainability measurement process. Both the system and the medium focus on identifying indicators matching sentences, extracting features, and classifying sustainability documents based on the majority indicator category. By utilizing advanced data processing techniques and similarity calculations, this patented technology offers a systematic and efficient way to assess and measure sustainability within organizations, providing valuable insights for decision-making and strategic planning.
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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.
