Systems and methods for transformation of raw data to actionable data
US11410206B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 11, 2015 |
| Grant date | Aug 9, 2022 |
| Priority date | — |
| Expiry date | Dec 21, 2036 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0278
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Embodiments of systems and methods disclosed herein provide solutions for predicting vehicle invoice pricing, trim, and options by starting from scratch (raw data), transforming the raw data into actionable data, and comprehensively exploring all possible option combinations that can match a vehicle's Manufacturer Suggested Retail Price (MSRP). Embodiments implement algorithms that determine the trim of a vehicle and intelligently analyze all possible option combinations that would result in a target MSRP while avoid searching unnecessary vehicle configurations. The algorithms can be used to predict the trim, invoice, and options of a vehicle based on the vehicle's VIN and MSRP.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.