Invention Grant
- Patent Title: Optimizing revenue savings for actionable predictions of revenue change
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Application No.: US15614163Application Date: 2017-06-05
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Publication No.: US11042891B2Publication Date: 2021-06-22
- Inventor: Jeanette L. Blomberg , Abhinav Maurya , Aly Megahed , Hovey R. Strong, Jr.
- Applicant: International Business Machines Corporation
- Applicant Address: US NY Armonk
- Assignee: International Business Machines Corporation
- Current Assignee: International Business Machines Corporation
- Current Assignee Address: US NY Armonk
- Agency: Sherman IP LLP
- Agent Kenneth L. Sherman; Steven Laut
- Main IPC: G06Q30/02
- IPC: G06Q30/02 ; G06Q40/00 ; G06Q10/04 ; G06N7/00 ; G06F16/248 ; G06N5/00 ; G06N3/12

Abstract:
One embodiment provides optimizing potential revenue savings when predicting client revenue change including receiving revenue data with timestamps for a number of historical periods at a particular level, with attributes of the particular level and a percentage of the required revenue change. The data is filtered. The filtered data is aggregated at the particular level for a selected prediction. A sliding window of the number of historical periods is moved over business periods, creating a data point for each historical period temporal window by extracting features. A required target output is created for each data point for at least one future time period. A weight is assigned to each data point proportional to value of revenue. A model is trained to optimize a weighted linear combination of losses over each data point. A set of recent histories is converted into a quantitative health value.
Public/Granted literature
- US20180349929A1 OPTIMIZING REVENUE SAVINGS FOR ACTIONABLE PREDICTIONS OF REVENUE CHANGE Public/Granted day:2018-12-06
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