MUMBAI, India, July 24 -- Intellectual Property India has published a patent application (202611064994 A) filed by Niet Business School on May 22, 2026, for An Enterprise Asset Utilization Management Apparatus.

Inventors include Dr. Niyati; and Dr. Ashutosh Gaur.

The application for the patent was published on July 17, 2026, under issue no. 29/2026.

Abstract: The invention relates to an enterprise asset utilization management apparatus configured to determine effective use of organizational assets through multi-source data acquisition, identity mapping, context classification, utilization analytics, and policy-aware recommendation generation. The apparatus receives asset-related records from enterprise systems and field devices, normalizes the records against asset profiles, selects evaluation parameters according to asset context, computes utilization states, and presents action outputs through a reporting interface. The apparatus supports redeployment, servicing, consolidation, and procurement planning based on objective utilization intelligence.

Disclaimer: Curated by HT Syndication.