US Patent Issued to The Hartford Steam Boiler Inspection and Insurance on July 8 for "Future reliability prediction based on system operational and performance data modelling" (Texas Inventor)

ALEXANDRIA, Va., July 9 -- United States Patent no. 12,353,506, issued on July 8, was assigned to The Hartford Steam Boiler Inspection and Insurance Co. (Hartford, Conn.).

"Future reliability prediction based on system operational and performance data modelling" was invented by Richard B. Jones (Georgetown, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and apparatuses for improving future reliability prediction of a measurable system by receiving operational and performance data, such as maintenance expense data, first principle data, and asset reliability data via an input interface associated with the measurable system. A plurality of category values may be generated that categoriz...