Analysis of multiple assets in view of functionally-related uncertainties

US8458000B2 · kind B2 · utility

Assignee

• Landmark Graphics Corporation · US

Inventors

• Keshav Narayanan · Austin, US
• David E. Heath · Bowling Green, US
• Alvin Stanley Cullick · Thornton, US

Key dates

• Filing date: May 17, 2012
• Grant date: Jun 4, 2013
• Expiry date: May 17, 2032

Classification

• Technology area (CPC G): Physics
• CPC primary: G06N20/00
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A client-server based system for building and executing flows (i.e., interconnected systems of algorithms). The client allows a user to build a flow specification and send the flow specification to the server. The server assembles the flow from the flow spec and executes the flow. A flow may be configured to analyze the impact (e.g., the financial impact) of a number of uncertainties associated with a plurality of assets. Uncertainty variables are used to characterize the uncertainties associated with the assets. An uncertainty variable associated with one asset may be functionally dependent on an uncertainty variable associated with another asset.