Cloud innovation among military industry companies has dropped off in the last year

By Data Journalism Team

Analysis of patent filings shows a shrinking level of related applications in the industry over the past year

Research and innovation in cloud in the military equipment and technologies sector has declined in the last year.

The most recent figures show that the number of related patent applications in the industry stood at 292 in the three months ending May – down from 494 over the same period in 2021.

Figures for patent grants related to followed a similar pattern to filings – shrinking from 388 in the three months ending May 2021 to 314 in the same period in 2022.

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.