ALEXANDRIA, Va., Jan. 13 -- United States Patent no. 12,524,719, issued on Jan. 13, was assigned to SCHLUMBERGER TECHNOLOGY Corp. (Sugar Land, Texas).

"Systems and methods for predicting and managing tool assets" was invented by Abhishek Dubey (Pune, India), Sherin Thomas (Kerala, India), Daniel Viassolo (Katy, Texas), Magson Zanette (Sugar Land, Texas), Yuchong Zhang (Houston) and Ezequiel Saavedra (Sugar Land, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "A scalable digital fleet management system may be leveraged by organizations with high-volume high-value assets. In such scenarios, predictive analytics for tool health enables decision-making in terms of planning, maintenance, end-of-life replacem...