MUMBAI, India, July 24 -- Intellectual Property India has published a patent application (202611065468 A) filed by Noida Institute Of Engineering & Technology on May 24, 2026, for A Cost Control Optimization Device For Operational Management.
Inventors include Nishu Chauhan; and Harshit Chaudhary.
The application for the patent was published on July 17, 2026, under issue no. 29/2026.
Abstract: A cost control optimization device for operational management is disclosed. The device includes a data acquisition interface, cost normalization engine, operational driver mapper, constraint repository, optimization processor, recommendation generator, management output interface, and feedback register. Enterprise expenditure and operational data are standardized into cost objects, associated with operational drivers, evaluated against constraints, and processed to generate ranked cost control recommendations. The device supports explainable managerial decisions by providing saving estimates, risk values, trace references, and feedback-based recalibration for continuous operational cost improvement.
Disclaimer: Curated by HT Syndication.
