Method and system for optimizing business location selection
US7797188B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Feb 23, 2007 |
| Grant date | Sep 14, 2010 |
| Priority date | — |
| Expiry date | May 31, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0205
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system for making predictions about business locations. The method includes providing a spatial map and analyzing heterogeneous data having a spatial component to find utilizable data. Relationships are automatically extracted from the utilizable data. The step of automatically extracting relationships includes generating a composite indicator, which correlates spatial data with unstructured data. The extracted relationships are presented on a spatial map to make a prediction about at least one business location. Preferably, the predictions are presented as a rank-ordered list on the spatial map and a heat map overlays the spatial map to indicate predictions about particular regions.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.