PATENT CLAIM ANALYSIS

Application Number: 16105653
Application Type: Utility
Filing Date: 2018-08
Publication Date: 2018-12
Patent Classification: ["705", "037000"]

Abstract:
A system includes a server that implements a governing logic component and a production component. The server receives or retrieves a transaction data set that identifies price data for an item. The production component obtains time-dependent metric data that comprises market reference data, including price data, for one or more responsive items having attributes that are responsive to attributes defined for a respective item in the transaction data set. The production component discovers relationships in the attribute data, which enables the governing logic component to define transaction-specific instructions for adapting the market reference data for the respective item. An adjustment value applied to the market reference price data transforms the market reference data and produces transaction-specific market price data values for the respective item. A relative value measure is generated and exposed to at least one computing device in communication with the server.

Claim (Index 15):
In a networked environment, a method comprising:\n receiving or retrieving, by at least one server, at least one transaction data set, wherein the at least one server is operating under control of computer-executable instructions that, when executed by a processor, implement a plurality of system components including at least a governing logic component and a production component, wherein each transaction data set is associated with a particular time or period of time and identifies price data for at least one item defined by a set of attributes that includes two or more parameter values or a plurality of items having attributes that differ by at least one parameter value; and wherein receipt or retrieval of at least one transaction data set causes the production component to implement at least one evaluation service, wherein the method, in operation, includes:\n obtaining, by the production component, time-dependent metric data from at least one data source accessible to the at least one server, wherein the obtained metric data comprises market reference data, including price data, for one or more responsive items having attributes that are responsive to attributes defined for a respective item identified in the transaction data set, wherein each responsive item in the metric data has a plurality of attributes that include at least one parameter value; \n evaluating, by the production component, the plurality of attributes of each responsive item relative to the set of attributes defined for the respective item to dynamically discover relationships within the attribute data, wherein discovery of one or more relationships comprising a difference enables the governing logic component to contextually define one or more transaction-specific instructions for adapting the market reference data for the responsive item; \n executing, by the production component, the transaction-specific instructions, wherein execution of at least one transaction-specific instruction causes one or more adjustment values to be applied to the market reference price data for at least one responsive item that differs by at least one parameter value from the respective item identified in the transaction data set, transforming the market reference data for the responsive item into normalized metric data for the respective item, and automatically producing one or more transaction-specific market price data values for the respective item; \n generating, for the at least one transaction data set, by the production component, one or more evaluation measures that pertain to the at least one evaluation service, including a relative value measure, wherein price data identified for the at least one item in the at least one transaction data set is compared to one or a combination of the transaction-specific market price data values produced for the respective item or items identified in the at least one transaction data set; and \n exposing, by the production component, one or more of the evaluation measures, including at least the relative value measure, to at least one computing device in communication with the at least one server.

Metadata:
- Claim Count in Document: 215.0
- Percentile: 96.0
- Lexical Diversity: 2.11111
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['15368266', '15445641', '15257765', '15237518', '14740630']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1460217889903375
- 35 USC 102 Novelty (BERT): 0.5674347416083737
- Combined Prediction Score: 0.1881630842521411
- Mean Citation Score: 443.34816
- Max Citation Score: 458.74356
- Similarity Product: 389.0436001578283

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 1

Dataset: test