IPIFINI Brings a Whole new Set of Ideas to the Innovation Process
BETHESDA, MD, April 11, 2005 - CADwire.net™, the leading information site for the CAD, AEC, GIS, EDA and PLM industries, today announced IPIFINI (www.ipifini.us) has been selected as the winner of the 2005 Tech Innovator Awards.
IPIFINI features the Innovation Engine™, a proprietary database-driven software that generates, elaborates and drafts new product ideas. The technology also enables rapid creation of patent documentation for filing.
“The innovation engine begins with a current state-of-the art product, described in a CAD-like table,” says Tod Woolf, Ph.D. Founder & President, IPIFINI. “Sets of modified products are generated by systematically applying "morphs" to the state-of-the-art product. The resulting database of modified products is interactively screened by the user to select useful modifications. The database is also used to search the patent literature in order to determine if the modified products are novel, and finally, used to create tables, graphics and text for patent applications.”
“When IPIFINI was founded we sought to create software or technology that could help us innovate and also assist in creating patent applications for innovations,” Woolf states. “We are at the point of launching this service now and the CADwire Tech Innovator’s award is great confirmation of the viability of this technology.”
“While there were many worthy nominations for the CADwire.net Tech Innovator Award this year, we found that IPIFINI brought a new approach to an existing problem – something that CADwire.net always tries to recognize,” said Rick Stavanja, editor-in-chief, CADwire.net.
“Until now, innovation typically took place on napkins, chalk boards, and workbenches. Conversely, computer-based tools are best suited to facilitate the implementation of those innovations. IPIFINI is the first real technology tool I've seen to truly seed and facilitate innovation itself."
IPIFINI was founded in late 2003 by Tod Woolf, Ph.D., to research the process of innovation. As a result of the core findings, a multidisciplinary Innovation Team was created and designed the Innovation Engine, on which there are two patents pending. The technology will be available under license and currently evaluation of OEM partners is underway.
The award will be presented during the COFES 2005 event in Scottsdale, AZ, April 14-17, 2005.
Founded in 1999, CADwire.net™ is a search engine and information resource providing market news and industry commentary. CADwire.net, published by Cyon Research Corporation, uses state-of-the-art technology to locate, organize, display, disseminate, and index CAD information.
About Cyon Research
Cyon Research Corporation is a provider of analysis and consulting for engineering technology markets. Cyon Research provides key information, research, analysis, and consulting to its clients worldwide. COFES: The Congress on the Future of Engineering Software is Cyon Research's primary event, and explores investments necessary today to take advantage of--and profit from--future technologies. CADwire.net™ is Cyon Research's Web-based research resource for market information, news, and industry commentary. Other Cyon Research publications include CADCAMNet, Engineering Automation Report™, both subscription newsletters providing insight, analysis, and reviews on technology specific to manufacturing disciplines; and AECNews.com™, a source of information on trends, new technologies, and market information for design technologies that address architecture and construction.
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