Churn prediction with machine learning
US11232465B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 10, 2017 |
| Grant date | Jan 25, 2022 |
| Priority date | — |
| Expiry date | Apr 30, 2040 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N20/00
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
Disclosed is a churn prediction system that predicts with a high level of accuracy which users will and which users will not stop opening the app over a 30-day time period. To this end a model is created using historical event data where the churn-related behavior of each user is known. New event data is then applied to the model to determine the likelihood of each user churning in the future. With these prediction scores a user is then qualified as falling into one of three classifications: low-risk, medium-risk, or high-risk of churn.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.