Patent Application Titled “Universal Repository for Holding Repeatedly Accessible Information” Published Online (USPTO 20170124079)

By a News Reporter-Staff News Editor at Information Technology Newsweekly -- According to news reporting originating from Washington, D.C., by VerticalNews journalists, a patent application by the inventors Drennan, III, Arthur Paul (West Granby, CT); Beznos, Vladislav Michael (Longmeadow, MA), filed on October 30, 2015, was made available online on May 11, 2017.

No assignee for this patent application has been made.

Reporters obtained the following quote from the background information supplied by the inventors: "An entity, such as an insurance company, may want to analyze or 'mine' large amounts of data. For example, an insurance company might want to analyze tens of thousands of insurance claim files to look for patterns (e.g., a particular type of injury has occurred more frequently for employees who work in a particular industry). An entity might analyze this data in connection with different types of applications, and, moreover, different applications may need to analyze the data differently. For example, the term 'IV' might referent to an 'Insured Vehicle' when it appears in an automobile accident report and to 'Intra-Venous' when it appears in a medical file. It can be difficult to identify patterns across such large amounts of data and different types of applications. In addition, manually managing the different needs and requirements (e.g., different business logic rules) associated with different applications can be a time consuming and error prone process. As a result, it would be desirable to provide systems and methods for efficiently and accurately preparing data for analysis, integrating the data to the workflow of the business, and inputting rules of users."

In addition to obtaining background information on this patent application, VerticalNews editors also obtained the inventors' summary information for this patent application: "A device and method is disclosed for automatically grouping data based on characteristics. The device and method include a communication interface for receiving data mining for component information, a storage medium for storing the received data, and a processor for performing an analysis on the received data to determine parameters included within the data and processing the data using relationships within the data to group or isolate data point. The relationships enable the processor to identify attributes associated with particular groups of the data.

"A system and method includes a plurality of different data sources providing data stored in a plurality of storage devices, at least a first processor for searching each of the plurality of data sources using a plurality of data mining techniques and identifying selected portions of each data source, wherein the first processor further identifies at least one pattern in at least one of the selected portions, wherein the data mining techniques comprise at least machine learning and text mining, a database for staging the selected portions and patterns, wherein the staging includes preparation, reorganization an management of the selected portions and patterns, and at least a second processor for assembling the staged materials by incorporating analytics within the staged data, the second processor executing instructions stored in a storage medium to run computer models on the assembled staged data to provide information about the assembled staged data, and based on defined criteria produce a ranking added the assembled staged data and store the assembled staged data with the associated ranking to universally reposit repeated access to the information and automatically activating at least two systems by providing the associated ranking directly via at least one interface to the at least two systems to allow access to the stored information with the associated ranking.

"A device and method are described for universally repositing repeatedly accessible information within the workflow of a business. A system including a plurality of raw materials stored in a plurality of storage devices, heavy industry mining the plurality of raw materials into a useable form, a database for staging the mined raw materials, wherein the staging includes preparation, reorganization an management of the mined materials, and at least one processor for assembling the staged materials by incorporating analytics within the staged mined materials, the at least one processor executing instructions stored on the storage medium to run models on the incorporated materials, and based on defined criteria produce a ranking in the materials and automatically activating systems within the business by providing the associated ranking directly via at least one interface to the systems to allow access to the stored materials with the associated ranking.

"A device and method are described for universally repositing repeatedly accessible information within the workflow of a business. The device and method includes a communication interface for receiving input data from a plurality of devices, wherein the received input data includes analytics incorporated within the data, a storage medium for storing data based on analytics performed on the data, the storage medium further storing instructions adapted to be executed by the processor, and a processor executing the instructions stored on the storage medium to run models on the stored data, and based on defined criteria produce a ranking in the data and store the data with the associated ranking. The communications interface publishes the associated ranking with the data to allow access to the accessible information.

"A system for evaluating data to support multiple insurance business applications is disclosed. The system includes a communication device to receive input data from a plurality of sources, wherein the received input data includes analytics incorporated within the data, a processor coupled to the communication device, and a storage device in communication with the processor and storing instructions adapted to be executed by the processor. The instructions predictively model the data to represent the data within a workflow of the business, and publish scores to tie data together and allow access to the multiple insurance business applications.

"A system for evaluating data is also provided. The system includes a communication device to receive input data from a plurality of sources, a processor coupled to the communication device, and a storage device in communication with the processor and storing instructions adapted to be executed by the processor, The instructions identify and derive characteristics of the data, plot the identified and derived characteristics, determine groupings of data, profile the determined groupings of data, and generate referrals based on inclusion in a group."

For more information, see this patent application: Drennan, III, Arthur Paul; Beznos, Vladislav Michael. Universal Repository for Holding Repeatedly Accessible Information. Filed October 30, 2015 and posted May 11, 2017. Patent URL: http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PG01&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.html&r=1&f=G&l=50&s1=%2220170124079%22.PGNR.&OS=DN/20170124079&RS=DN/20170124079

Keywords for this news article include: Patents, Information Technology, Information and Data Mining.

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