ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,387,150, issued on Aug. 12, was assigned to COGNIZANT TECHNOLOGY SOLUTIONS INDIA PVT. LTD. (Chennai, India).
"System and method for hierarchical factor-based forecasting" was invented by Mrityunjoy Panday (West Bengal, India).
According to the abstract* released by the U.S. Patent & Trademark Office: "The present invention provides for a system and a method for optimised time series forecasting. A time-series dataset is converted corresponding to a system, for which forecast data is to be determined, into data embeddings in the form of a distance vector. A hierarchical clustering of values of the distance vector is performed, wherein the hierarchical clustering comprises creating a h...