ALEXANDRIA, Va., March 26 -- United States Patent no. 12,259,702, issued on March 25, was assigned to Siemens AG (Munich).

"System and method for administration of drive components" was invented by Gerhard Heinemann (Erlangen, Germany).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method for administration of drive components. The system comprises at least one drive component having a drive computing unit. Drive software for the drive component is stored on and executable by the drive computing unit. The system has a computing unit in communication with the drive computing unit. The computing unit detects an actual operating state of the drive component and the machine and system context to sele...