System and method for reconciling property operation with a budget amount based on informatics
US10943300B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 16, 2014 |
| Grant date | Mar 9, 2021 |
| Priority date | — |
| Expiry date | Jan 10, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q2220/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Processing informatic related data from one or more sensor devices relating to property covered by an insurance policy. A budget amount is electronically received for operating the property for a predetermined period of time. Also received is informatic data from one or more sensor devices relating to the property. Analysis is performed on the received informatic data to identify and parse out data relating to one or more utility operational aspects associated with the property. Predefined business rules are applied to the parsed operational data to determine costs associated with the identified one or more operational aspects over the predetermined period of time. Changes are determined and identified regarding one or more operational aspects of the property so as to reconcile, for the predetermined period of time, the costs associated with the identified one or more operational aspects with the received budget amount for the property.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.