ALEXANDRIA, Va., June 16 -- United States Patent no. 12,307,533, issued on May 20, was assigned to HYDOMAX USA LLC (Evansville, Ind.).
"Cross-bore risk assessment and risk management tool" was invented by Matthew Scharpf (Louisville, Ky.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A method for cross-bore risk management involves receiving at least one dataset comprising a plurality of assets and cross-bore data. A risk probability value is calculated, using a processor, based on the cross-bore data for each asset of the plurality of assets using machine learning techniques. The risk probability values are spatially distributed around each respective asset. A graphical output is produced that illustrates t...