US Patent Issued to International Business Machines on Dec. 30 for "Generalized demand estimation for automated forecasting systems" (New York, Texas Inventors)

ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,511,662, issued on Dec. 30, was assigned to International Business Machines Corp. (Armonk, N.Y.).

"Generalized demand estimation for automated forecasting systems" was invented by Shivaram Subramanian (Frisco, Texas), Brian Leo Quanz (Yorktown Heights, N.Y.), Pavithra Harsha (Pleasantville, N.Y.), Ajay Ashok Deshpande (Pleasantville, N.Y.) and Markus Ettl (Yorktown Heights, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "In an aspect, input data can be received, including at least time series data associated with purchases of at least one product and causal influencer data associated with the purchases. The causal influencer data can include at leas...