Dynamic predictive analysis in pre-bid of entities
OwnerPaul Pallathinventor
Life of this patent
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Abstract
Strategy parameters and weights associated with the strategy parameters are received in a predictive analytics application to dynamically rank entities. Raw values associated with the strategy parameters are normalized by applying transformation functions to get normalized values. Based on the normalized values and the weights associated with the strategy parameters, weighted normalized values are computed. Based on the weighted normalized values aggregate scores are computed. The entities based on the computed aggregate score are dynamically ranked. The dynamically ranked entities in descending order of aggregate scores are displayed in a user interface of the predictive analytics application.
Claims20
A non-transitory computer-readable medium to store instructions, which when executed by a computer, cause the computer to perform operations comprising:
- receive strategy parameters and weights associated with the strategy parameters to dynamically rank entities;
- normalize raw values associated with the strategy parameters by applying transformation functions;
- compute weighted normalized values based on the normalized raw values and the weights associated with the strategy parameters;
- compute aggregate scores based on the weighted normalized values;
- dynamically rank the entities based on the computed aggregate scores;
- and
- display the dynamically ranked entities on a user interface of a predictive analytics application.
A computer-implemented method for dynamic predictive analysis in pre-bid of entities, the method comprising:
- receiving strategy parameters and weights associated with the strategy parameters to dynamically rank entities;
- normalizing raw values associated with the strategy parameters by applying transformation functions;
- computing weighted normalized value based on the normalized raw values and the weights associated with the strategy parameters;
- computing aggregate scores based on the weighted normalized values;
- dynamically ranking the entities based on the computed aggregate scores;
- and
- displaying the dynamically ranked entities on a user interface of a predictive analytics application.
A computer system for dynamic predictive analysis in pre-bid of entities, comprising:
- a computer memory to store program code;
- and
- a processor to execute the program code to:
- receive strategy parameters and weights associated with the strategy parameters to dynamically rank entities;
- normalize raw values associated with the strategy parameters by applying transformation functions;
- compute weighted normalized value based on the normalized values and the weights associated with the strategy parameters;
- compute aggregate scores based on the weighted normalized values;
- dynamically rank the entities based on the computed aggregate score;
- and
- display the dynamically ranked entities on a user interface of a predictive analytics application.
Dependencies are inferred from the claim text.