Newgen Software Technologies Limited announced that the Indian patent office has granted a patent (No. 565385) for inventing the ‘System and Method for Data Compression.’
- The patent is granted for a term of 20 years, commencing from April 26, 2017.
- The invention addresses efficient data compression for large volumes of data files where content is largely similar, aiming to reduce storage space and improve speed and efficiency of data handling.
- The system identifies homogeneous data files, segments them into static and dynamic regions, and leverages advanced video compression techniques to create a single compressed video file with metadata.
- This technology is particularly relevant for industries handling high volumes of structured documents, forms, or system-generated reports.
- This new patent boosts Newgen’s intellectual property portfolio. The company has filed 55 patents globally, with 25 granted in India and the US.