US Patent Issued to ValGenesis on July 29 for "Risk based lifecycle management systems" (American, Portuguese Inventors)

ALEXANDRIA, Va., July 30 -- United States Patent no. 12,373,758, issued on July 29, was assigned to ValGenesis Inc. (Santa Clara, Calif.).

"Risk based lifecycle management systems" was invented by Jose M. C. Menezes (Branca, Portugal) and Sivakumar Muthusamy (Fremont, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Risk based lifecycle management systems are presented herein. A system determines a process ontology of a process including process steps of the process and objects including attributes corresponding to performances of the process steps; associates a process step with respective objects using a tracing matrix; detects an event corresponding to a performance of the process step; and associate...