Patent · US Active

Computer system and method for creating an event prediction model

US11868101B2 · kind B2 · utility

0Cited by
87References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 25, 2022
Grant dateJan 9, 2024
Priority date
Expiry dateOct 25, 2042

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG05B23/0283
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

Disclosed is a process for creating an event prediction model that employs a data-driven approach for selecting the model's input data variables, which, in one embodiment, involves selecting initial data variables, obtaining a respective set of historical data values for each respective initial data variable, determining a respective difference metric that indicates the extent to which each initial data variable tends to be predictive of an event occurrence, filtering the initial data variables, applying one or more transformations to at least two initial data variables, obtaining a respective set of historical data values for each respective transformed data variable, determining a respective difference metric that indicates the extent to which each transformed data variable tends to be predictive of an event occurrence, filtering the transformed data variables, and using the filtered, transformed data variables as a basis for selecting the input variables of the event prediction model.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.