ALEXANDRIA, Va., June 6 -- United States Patent no. 12,282,860, issued on April 22, was assigned to Elasticsearch B.V. (Amsterdam).
"Forecasting for resource allocation" was invented by Thomas Veasey (York, Great Britain) and Stephen Dodson (London).
According to the abstract* released by the U.S. Patent & Trademark Office: "Forecasting resource allocation is disclosed. An example method includes receiving operating data from a resource; applying periodicity tests to the received operating data using a plurality of sketches of time series of prior operating data, the periodicity tests generating periodic components; applying regression models to the received operating data, the regression models collectively generating a trend component, ...