Prysmian Group has a tradition of innovation stretching back over 100 years. We held 5,881 patents or pending patents worldwide in 2019. The Group files new patent applications each year, especially in segments with higher added value and in support of the significant investments made in recent years. Prysmian Group owns a significant number of trademarks deriving from the pre-existing Prysmian Group and the pre-existing General Cable group. This portfolio is currently being revised and optimised, in line with the brand protection policies adopted by the Prysmian Group following the merger. As a consequence, the total number of trademarks fell in 2019 to 927 from 1,105 the year before, and the number of registrations fell to 4,769 from 5,167.
The number of patents granted to Prysmian Group in 2019 rose to 217 from 200 in 2018. We filed for 41patents last year, of which 17 relating to the Energy sector and 24 to the Telecom sector. These numbers highlight the dedication of our R&D team and our management to push the boundaries of science to deliver improved products that respond to changing market needs.
Prysmian Group, through its “open innovation” model, collaborates with Universities and other research centers, and therefore needs to protect the Group’s know-how from improper dissemination. The Intellectual Property Department makes sure that the legal rights and property of the results of these collaborations are owned by Prysmian.
In order to protect Prysmian’s technology and investments against any unauthorized use of its patents and trademarks, the Group carries out constant monitoring of competitor activity. Infringement lawsuits related to the unauthorized use of Prysmian's property rights have been filed in various countries, both in the telecom and in the energy sector businesses.