Challenge
The United States Patent & Trademark Office’s Office of the Chief Economist (OCE) needed consulting support to conduct high-quality and data-driven economics and policy research.
Solution
Addx utilizes its economic, financial, and statistical modeling skills paired with emerging technologies such as machine learning to enable firm-level analyses of intellectual property values and trends, identify similarities between patents, discover changes in revenue and profitability drivers, and provide a full range of dataset and database services including cleaning, curation, and maintenance.
Benefits
- Addx has more than ten years of continued contract performance.
- Utilize machine learning algorithm leading to 2021 United States Department of Commerce Gold Medal award to Office of the Chief Economist.
- Economic and statistical consulting to provide data-driven insights in support of policy goals.