Bayer had two patents in internet of things during Q1 2024. Bayer AG filed 1 patent in Internet of Things theme during Q1 2024. Bayer AG’s patent involves systems and methods for updating agricultural prescriptions based on real-time sensor data and operating settings from farming equipment. If task execution data deviates from expected data, a corrective action is initiated by generating an alert and executing an updated prescription with corrective operating settings. GlobalData’s report on Bayer gives a 360-degree view of the company including its patenting strategy. Buy the report here.

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Bayer grant share with internet of things as a theme is 50% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: Updating execution of tasks of an agricultural prescription (Patent ID: US20240046377A1)

The patent filed by Bayer AG describes systems and methods for updating agricultural prescriptions in a geographic region. The method involves executing an agricultural prescription using farming equipment, receiving sensor data and operating data during execution, generating task execution data, comparing it to expected data, and initiating corrective actions if necessary. This includes identifying settings templates, generating settings alerts, obtaining updated prescriptions, and executing them by overriding local operating settings with corrective ones. The system includes a farming equipment computing device to perform these functions, ensuring efficient and accurate implementation of agricultural tasks based on real-time data and analysis.

The method and system outlined in the patent aim to optimize agricultural operations by updating prescriptions based on real-time data and comparisons to expected outcomes. By utilizing sensor data and operating settings, the system can identify deviations from expected results and initiate corrective actions to improve efficiency and productivity. The use of settings alerts, templates, and updated prescriptions ensures that farming equipment operates at optimal levels by adjusting settings as needed during task execution. Overall, the technology described in the patent offers a comprehensive approach to precision agriculture, enhancing decision-making processes and ultimately leading to improved agricultural outcomes in a given geographic region.

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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.