H.I.G. Capital has been granted a patent for an automatic report creation system that utilizes speech recognition, location confirmation, and time calculation to generate reports based on recorded speech. The system identifies meeting places, extracts keywords, and includes relevant information in the report. GlobalData’s report on H.I.G. Capital gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Smarter leaders trust GlobalData
According to GlobalData’s company profile on H.I.G. Capital, was a key innovation area identified from patents. H.I.G. Capital's grant share as of May 2024 was 46%. Grant share is based on the ratio of number of grants to total number of patents.
Automatic report creation system with speech recognition and location confirmation
A recently granted patent (Publication Number: US11991017B2) discloses an innovative automatic report creation system stored on a non-transitory computer-readable storage medium. The system comprises a speech recognition unit, a location information confirmation unit, a clock unit, and a term dictionary. The location information confirmation unit identifies a meeting place if the system remains stagnant in a specific geographical range for a set period. The clock unit calculates start and end times based on various inputs, including speech recognition and predetermined terms. The system records, analyzes, and extracts utterance keywords from the speech, creating a detailed report including information on the meeting place, start time, end time, and the extracted keywords.
Furthermore, the patent details additional functionalities of the system, such as displaying meeting place candidates based on location information, storing selected meeting places, and integrating with scheduler or conference room reservation systems. In the latter case, the system can access and utilize meeting information stored in external systems, retrieving details like meeting place and attendee information. Another embodiment of the invention focuses on a simplified version of the automatic report creation system, omitting the location confirmation unit and focusing solely on speech recognition, time calculation, keyword extraction, and report generation. This streamlined version still offers efficient and accurate report creation based on speech inputs and predetermined terms, showcasing the versatility and adaptability of the patented technology.
To know more about GlobalData’s detailed insights on H.I.G. Capital, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
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.
