US 2016/0019218 A1 · SYSTEM AND METHOD FOR USING DATA INCIDENT BASED MODELING AND PREDICTION

Abstract

A system and method for enabling information extraction from large data sets (so-called “big data”) according to a new paradigm is disclosed. This system does not generate functions describing why certain inputs result in certain outputs. Instead, it creates incident mappings of inputs to outputs without regard to why inputs result in outputs. These mappings can be distributions or other data sets representative of different outcomes occurring. This enables several useful operations. For example, by providing a data set indicative of outputs that have historically occurred following a particular input, the disclosed system can be used to predict future outcomes with probabilities. For example, if a particular stock price pattern is provided as an input, the system generates an output data set indicating the probabilities of certain price behaviors following that input pattern. This data set can thus be used to predict future behavior. Other useful operations are disclosed herein.

Claims14

Dependent claims

A system for providing an intelligent database comprising:

a database;
and
a server computer system, including one or more processors, in communication with the database, wherein the one or more processors execute instructions to:
receive, by the server computer system, data;
generate, by the server computer system, using the data, a plurality of input data incidents;
store, by the server computer system on the database, the plurality of input data incidents;
generate, by the server computer system, for each input data incident of the plurality of input data incidents, one or more potential data outputs;
construct, by the server computer system, for each input data incident of the plurality of input data incidents, a data set of output data incidents using the one or more potential data outputs;
store, by the server computer system on the database, the data set of output data incidents for each input data incident, wherein the server computer system maps each input data incident of the plurality of input data incidents with its corresponding data set of output data incidents.

6 more elements

A system for providing intelligent database search results comprising:

a database;
a client computer system;
a server computer system, including one or more processors, in communication with a memory;
and
a modeling engine executing on the server computer system to:
receive, by the modeling engine, a first query including (a) one or more search conditions corresponding to an input data incident and (b) an output category for which information is sought;
execute, by the modeling engine, a first search of the database using the first query and identify for the output category a first data set of output data incidents corresponding to a first time period;
execute, by the modeling engine, a second search of the database using the first query and identify for the output category a second data set of output data incidents corresponding to a second time period;
compare, by the modeling engine, the first data set of output data incidents and the second data set of output data incidents using a data comparison algorithm to determine a first level of similarity;
determine, by the modeling engine, whether the first level of similarity exceeds a first threshold level of similarity;
responsive to determining that the first level of similarity exceeds the first threshold level of similarity, determine, by the modeling engine, that the first data set of output data incidents contains sufficient information about the second data set of output data incidents.

8 more elements

Dependencies are inferred from the claim text.

System and method for using data incident based modeling and prediction

Life of this patent

System and method for using data incident based modeling and prediction

Life of this patent

Abstract

Claims14