PATENT CLAIM ANALYSIS

Application Number: 16078820
Application Type: Utility
Filing Date: 2018-08
Publication Date: 2019-02
Patent Classification: ["705", "037000"]

Abstract:
A method and system is provided for allocating a suitable price discovery mechanism in a data marketplace. The system 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 finalized, the finalized price then can be send to an order management module of the data marketplace.

Claim (Index 10):
A non-transitory computer-readable medium having embodied thereon a computer program for executing a method for allocating a price discovery mechanism in a data marketplace, the method comprising a processor implemented steps of:\n accessing the data marketplace by a one or more buyers with a set of requirements for data products; accessing the data marketplace by a one or more sellers with the data products for sale, wherein the data products have a set of specifications; matching the set of requirements of the buyers with the set of specifications using a matching module ( 108 ), wherein the output of the matching module is used to decide whether to proceed with data transactions or not; classifying the data marketplace based on a number of buyers and a number of sellers accessing the data marketplace using a classification module ( 110 ); and allocating a price discovery mechanism to at least one of a bid order matching mechanism, an auctioning mechanism or a direct negotiation mechanism for the data marketplace based on the classification.

Metadata:
- Claim Count in Document: 20.0
- Percentile: 96.0
- Lexical Diversity: 2.27941
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: True
- Related Applications: ['09820370', '09726573', '11207571', '13008218', '09846121']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.0993220494370786
- 35 USC 102 Novelty (BERT): 0.5104395677264164
- Combined Prediction Score: 0.1404338012660124
- Mean Citation Score: 249.173338
- Max Citation Score: 274.90363
- Similarity Product: 194.9891396991474

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test