Systems and methods for recommending business decisions utilizing weather driven demand data and opportunity and confidence measures

US7184965B2 · kind B2 · utility

Assignee

• Planalytics, Inc. · US

Inventors

• Frederic D. Fox · Berwyn, US
• Mike Kowa · Glenmoore, US
• Michael Willen · Towanda, US
• Paul Walsh · Downingtown, US
• Doug Pearson · Shillington, US
• David Estornell · McKeesport, US

Key dates

• Filing date: Oct 29, 2003
• Grant date: Feb 27, 2007
• Expiry date: Oct 29, 2023

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0201
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods to generate business recommendations for specific business actions based on weather element forecasts and known relationships between a business activity and weather elements are provided. The system includes a confidence level filter, an opportunity matrix filter, a weather decision point generator, a business rule recommendation engine and a business rule knowledge database. Methods to generate a business recommendation for a business activity are also provided. The methods include receiving weather driven demand data, assigning opportunity measures to each of the data points, identifying weather decision points based on opportunity measures, and applying business weather rules to the weather decision points to generate business recommendations. In a further feature, a weather element relationship and/or a weather element forecast confidence level is assigned to each data point within the weather driven demand data. These confidence levels are then factored in to determine weather decision points.