System and method for determining revenue-based age
US7742929B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Nov 16, 2005 |
| Grant date | Jun 22, 2010 |
| Priority date | — |
| Expiry date | Apr 18, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/02
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computer implemented system for determining average product revenue is provided. The system includes at least one data store that is operable to maintain revenue data for a plurality of products. The system also includes a processor programmed to calculate a first revenue-based age metric based on revenue from a first product over a period, an age factor for the first product, and revenue for a group of products over the period. The processor is further programmed to calculate a second revenue-based age metric based on revenue from a second product over the period, an age factor for the second product, and revenue for the group of products over the period. The first and second revenue-based age metrics may be used to compare the first and second products.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.