The global invention process is fundamentally flawed, creating an unnecessarily chaotic and risky
innovation landscape characterized by wasteful research and development spending. This process, convoluted and
fraught with expense, inherently stifles progress. Legally protecting an idea is essential, but the patent process is
difficult and expensive, and many inventors are forced to go straight to market or never follow through their
invention. Globally, enormous sums of money are wasted on R&D partially because of outdated global
intellectual property laws and processes. This wasted productivity accounts for a majority of the global R&D
budget. From patent attorneys, to inventors, to corporate analysts, there is a widespread need for the ability to
quickly and comprehensively search the intellectual property landscape. Loci exists to solve that problem.