Product obsolescence forecast system and method
US11775992B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 6, 2022 |
| Grant date | Oct 3, 2023 |
| Priority date | — |
| Expiry date | Jun 6, 2042 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N7/01
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
A product obsolescence forecast system includes machine instructions stored in a non-transitory computer readable storage medium, the machine instructions. A processor executes the instructions to receive an identity of a first product and identities of one or more second products similar to the first product, each of the second products having gone obsolete; receive a determinant of obsolescence of one or more of the obsolete second products; generate one or more observations related to the first product by inputting each received determinant to a trained network; and generate a statistical analysis of the one or more observations to provide an expected value of an actual obsolescence date for the first product.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.