Method and system for forecasting reliability of assets
US7509235B2 · kind B2 · utility
70Cited by
7References
20Claims
0Family size
Assignee
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Key dates
| Filing date | Aug 31, 2005 |
| Grant date | Mar 24, 2009 |
| Priority date | — |
| Expiry date | Jul 27, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system of forecasting reliability of an asset is provided. The method includes identifying peer units of the asset by using selected criteria, performing a search for the peer units based upon the selected criteria, and constructing local predictive models using the peer units. The method also includes estimating the future behavior of the asset based upon the local predictive models and dynamically updating the local predictive models to reflect at least one change in the criteria.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.