MUMBAI, India, Aug. 1 -- Intellectual Property India has published a patent application (202441006561 A) filed by Nec Corporation India Private Limited, Bangalore, Karnataka, on Jan. 31, 2024, for 'a method and system for predicting a value.'
Inventor(s) include Dipanmoy Roy.
The application for the patent was published on Aug. 1, under issue no. 31/2025.
According to the abstract released by the Intellectual Property India: "The present invention discloses a method and system for predicting a value based on processing of one or more identified values. The system of the present invention is having a trained database of one or more trained identified values which is controlled by a processor by applying machine learning techniques on the one or more identified values, the trained database is configured to provide at least one trained identified value along with at least one variable value of one or more different segments to a machine learning model. The present invention also discloses a machine learning engine which is processing the trained identified value with at least one variable value for generating an estimated value for each variable segment. The system of the present invention is also having a processing unit which is processing the estimated values of each variable segment along with the trained identified values of that variable segment to create plurality of variable segment specific contributions wherein the processing unit is generating a forecast value of at least one variable for a target period by applying specific machine learning techniques on at least one segment specific contributions."
Disclaimer: Curated by HT Syndication.
