Invention Grant
- Patent Title: Product obsolescence forecast system and method
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Application No.: US16874239Application Date: 2020-05-14
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Publication No.: US11354685B2Publication Date: 2022-06-07
- Inventor: Drew Sullivan , Evan Eaves , William Colligan
- Applicant: Architecture Technology Corporation
- Applicant Address: US MN Minneapolis
- Assignee: Architecture Technology Corporation
- Current Assignee: Architecture Technology Corporation
- Current Assignee Address: US MN Minneapolis
- Agency: Key IP Law Group, PLLC
- Main IPC: G06Q30/02
- IPC: G06Q30/02 ; G06N3/04 ; G06N3/08 ; G06N7/00

Abstract:
A product obsolescence forecast system includes machine instructions stored in a non-transitory computer readable storage medium, the machine instructions. A processor executes the instructions to receive an identity of a first product and identities of one or more second products similar to the first product, each of the second products having gone obsolete; receive a determinant of obsolescence of one or more of the obsolete second products; generate one or more observations related to the first product by inputting each received determinant to a trained network; and generate a statistical analysis of the one or more observations to provide an expected value of an actual obsolescence date for the first product.
Public/Granted literature
- US20200279281A1 PRODUCT OBSOLESCENCE FORECAST SYSTEM AND METHOD Public/Granted day:2020-09-03
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