Patent SG-11201807035W-A (SG)
Title: Method and system for allocating a price discovery mechanism in a data marketplace
Inventor: DAHAKE SHISHIR
IPC: G06Q40/04
Filed: 2017-02-22
Abstract: Matchingmodule Classification module Auction facilitator module Diract price nego o module i ._ ---- no — 112 114 Memory 102- - 104 106 User interface (12) INTERNATIONAL APPLICATION PUBLISHED UNDER THE PATENT COOPERATION TREATY (PCT) (19) World Intellectual Property Organization International Bureau (10) International Publication Number (43) International Publication Date WO 2017/145065 Al 31 August 2017 (31.08.2017) WIPO I PCT 1111111111111101110101011111010111110111010111111001101111111111111111111110111111 W O 20 17 / 145 065 Al (51) International Patent Classification: G06Q 40/04 (2012.01) G06Q 30/08 (2012.01) G06Q 40/00 (2012.01) G06Q 30/00 (2012.01) (21) International Application Number: PCT/IB2017/051003 (22) International Filing Date: 22 February 2017 (22.02.2017) (25) Filing Language: English (26) Publication Language: English (30) Priority Data: 201621006137 22 February 2016 (22.02.2016) IN (71) Applicant: TATA CONSULTANCY SERVICES LIM- ITED [IN/IN]; Nirmal Building, 9th floor, Nariman point, Mumbai-400021, Maharashtra, India, Mumbai 400021 (IN). (72) Inventors: DAHAKE, Shishir; Tata Consultancy Services Limited, Tata Research Development & Design Centre, 54- B, Hadapsar Industrial Estate, Hadapsar, Pune- 411013, Maharashtra, India, Pune 411013 (IN). PADMAN- ABHAN, Kishore; Tata Consultancy Services Limited, \"Siruseri SEZ unit\", Plot No. 1/G1, SIPCOT I.T. Park, Siruseri, Navalur Post, Kancheepuram District, Chennai - 603103, Tamil Nadu, India, Chennai 603103 (IN). NATA- RAJAN, Vijayarangan; Tata Consultancy Services Lim- ited, \"Siruseri SEZ unit\", Plot No.1/G1, SIPCOT I.T. Park, Siruseri, Navalur Post, Kancheepuram District, Chennai - 603103, Tamil Nadu, India, Chennai 603103 (IN). SAX- ENA, Sandeep; Tata Consultancy Services Limited, Plot No. A-44 & A-45, Ground, 1st to 5th Floor & 10th floor Block-C & D, Sector-62, Noida - 201309, UP, India, Noida 201309 (IN). VISWANATHAN, Ram Harith; Tata Consultancy Services Limited, Phase - 2, Block A, Second Floor, IIT-Madras Research Park, Kanagam Road, Tara- mani, Chennai 600113, India, Chennai 600113 (IN). (74) Agents: KOSHAL, Amit et al.; Legasis Partners (Pune), B-105, ICC Trade Towers, Senapati Bapat Road, Pune 411016, India, Pune 411016 (IN). (81) Designated States (unless otherwise indicated, for every kind of national protection available): AE, AG, AL, AM, AO, AT, AU, AZ, BA, BB, BG, BH, BN, BR, BW, BY, BZ, CA, CH, CL, CN, CO, CR, CU, CZ, DE, DJ, DK, DM, DO, DZ, EC, EE, EG, ES, FI, GB, GD, GE, GH, GM, GT, HN, HR, HU, ID, IL, IN, IR, IS, JP, KE, KG, KH, KN, KP, KR, KW, KZ, LA, LC, LK, LR, LS, LU, LY, MA, MD, ME, MG, MK, MN, MW, MX, MY, MZ, NA, NG, NI, NO, NZ, OM, PA, PE, PG, PH, PL, PT, QA, RO, RS, RU, RW, SA, SC, SD, SE, SG, SK, SL, SM, ST, SV, SY, TH, TJ, TM, TN, TR, TT, TZ, UA, UG, US, UZ, VC, VN, ZA, ZM, ZW. (84) Designated States (unless otherwise indicated, for every kind of regional protection available): ARIPO (BW, GH, GM, KE, LR, LS, MW, MZ, NA, RW, SD, SL, ST, SZ, TZ, UG, ZM, ZW), Eurasian (AM, AZ, BY, KG, KZ, RU, TJ, TM), European (AL, AT, BE, BG, CH, CY, CZ, DE, [Continued on next page] (54) Title: METHOD AND SYSTEM FOR ALLOCATING A PRICE DISCOVERY MECHANISM IN A DATA MARKET- - PLACE 100 FIG. 1 (57) : A method and system is provided for allocating a suitable price discovery mechanism in a data marketplace. The sys - tem takes a set of requirements from one or more buyers and a set of specifications for the data products from one or more sellers. The matching is performed on the set of requirements and the set of specifications of the data products to determine whether data transaction should be proceeded or not. The output is then provided to the classification module to classify the data marketplace to choose the most suitable price discovery mechanism which can be used for a particular data transaction in the data marketplace. The system can use of any of the following price discovery techniques. Bid order matching, auctioning or direct negotiation. Once the price is fmalized, the fmalized price then can be send to an order management module of the data marketplace. WO 2017/145065 Al MIDEDIMOMMION11111111111111111111111111110111111111111111111111111111111111 DK, EE, ES, FI, FR, GB, GR, HR, HU, IE, IS, IT, LT, Published: LU, LV, MC, MK, MT, NL, NO, PL, PT, RO, RS, SE, SI, SK, SM, TR), OAPI (BF, BJ, CF, CG, CI, CM, GA, with international search report (Art. 21(3)) GN, GQ, GW, KM, ML, MR, NE, SN, TD, TG). Declarations under Rule 4.17: as to the applicant's entitlement to claim the priority of the earlier application (Rule 4.17(iii))