System for cognitive assessment of transactions
US10990995B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Sep 14, 2018 |
| Grant date | Apr 27, 2021 |
| Priority date | — |
| Expiry date | May 14, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N20/00
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
A system for cognitive assessment of the competitiveness of deals may include a memory having stored thereon historical deal information for historical deals with each historical deal including a historical deal component. A historical deal component may include a historical work scope and associated historical work pricing. The system may also include a processor cooperating with the memory and configured to compare current deal information with the historical deal information. The current deal information may include a current deal component that may include a current work scope and associated current work pricing. The processor may use machine learning to determine whether the current deal component is non-competitive based upon the historical deal information, and for each non-competitive current deal component generate an alternative current deal component. The alternative current deal component may have at least one of a different current work scope and different associated current work pricing.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.