Systems and methods for predicting service demand based on geographically associated events
AssigneePredict HQ Limited
InventorsCampbell Brown, Xuxu Wang, Robert Kern, Ali GAZALA
Life of this patent
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Abstract
Techniques for predicting an impact of one or more events on service demand are disclosed. Some embodiments include first and second sets of data characterising properties of historic events using metadata tags, and demand for services that are then filtered to distinguish ordinary demand from extra-ordinary demand. Machine learning is used to determine correlations between metadata tags and extra-ordinary demand to produce a third data set operable for predictive determinations of future event on service demand.
Claims27
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A method of predicting event an impact of one or more events on service demand, comprising:
- a. receiving a first set of data comprising properties of one or more historic events, each having at least a temporal factor;
- b. characterising one or more properties of each of the one or more historic events into a plurality of metadata tags;
- c. receiving a second set of data relating to a demand for one or more services, the demand for each of the one or more services having at least a temporal factor;
- d. filtering the demand for the one or more services to thereby distinguish ordinary demand from extra-ordinary demand;
- e. determining, by machine learning, one or more correlations between two or more of the plurality of metadata tags, or combinations thereof and extra-ordinary demand, then quantifying the impact of the correlation with at least a binary characterisation;
- producing a third data set comprising a grouping of two or more of the metadata tags, or combinations thereof, associated with events having impact quantified above a threshold, wherein the third dataset is operable for predictive determinations of future event impact on service demand;
- and
- g. determining, by machine learning, a prediction model relating two or more of the metadata tags, or combinations thereof of the third data set to extraordinary demand.
A system for controlling at least one of price or capacity of a service offering, the system comprising:
- one or more databases that store:
- a. a first set of data comprising properties of one or more historic events, each event having at least a temporal factor;
- and
- b. a second set of data relating to a demand for one or more services located, the demand for services having at least a temporal factor;
- c. a service data set relating to at least one of a price or a capacity of at least one service product of
- d. a third data set comprising one or more metadata tags characterising a future event, and an analysis unit configured to:
- e. characterise properties of each of the one or more historic events into the one or more metadata tags;
- f. filter the demand for the one or more services to thereby distinguish ordinary demand from extra-ordinary demand;
- g. determine, by machine learning, a correlation between the one or more metadata tags, or combinations thereof, and extra-ordinary demand, and quantifying the impact of the correlation, with at least a binary characterisation;
- h. store a third data set in a further database, the third dataset comprising a grouping of the one or more metadata tags, or combinations thereof, associated with events having impact quantified above a threshold, wherein the third dataset is operable for predictive determinations of future event impact on service demand;
- i. determine, by machine learning, a prediction model relating the one or more metadata tags, or combinations thereof of the third data set to extra-ordinary demand;
- j. receive an event data set comprising one or more of the metadata tags characterising a future event;
- an
- k. calculate the predicted measure of impact of the future event on the service by application of the prediction model to the future event third data set;
- then
- l. alter the service provider capacity based on the calculated measure of impact.
A system for predicting event impact on service demand, comprising:
- one or more databases that store:
- a. a first set of data comprising properties of one or more historic events, each event having at least a temporal factor;
- and
- b. a second set of data relating to a demand for one or more services, the demand for services having at least a temporal factor;
- and
- an analysis unit configured to:
- c. characterise properties of each of the one or more historic events into one or more metadata tags;
- d. filters the demand for one or more services to thereby distinguish ordinary demand from extra-ordinary demand;
- e. determine, by machine learning, a correlation between the one or more metadata tags, or combinations thereof, and extra-ordinary demand, then quantifying the impact of the correlation at least by a binary characterisation;
- f. store a third data set in a further database, the third dataset comprising a grouping of the one or more metadata tags, or combinations thereof, associated with events having impact quantified above a threshold, wherein the third dataset is operable for predictive determinations of future event impact on the demand of one or more of the services;
- and
- g. determine, by machine learning, a prediction model relating one or more of the metadata tags, or combinations thereof, of the third data set to extra-ordinary demand.
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A non-transitory computer-readable storage medium storing instructions that, when executed by a computer process, cause a computing device to:
- receive a first set of data comprising properties of one or more historic events, each having at least a temporal factor;
- characterise one or more properties of each of the one or more historic events into one or more metadata tags:
- receive a second set of data relating to a demand for one or more services, having at least a temporal factor;
- filter the demand for the one or more services to thereby distinguish ordinary demand from extra-ordinary demand;
- determine by machine learning, a correlation between the one or more metadata tags, or combinations thereof, and extra-ordinary demand, then quantifying the impact of the correlation at least by a binary characterisation;
- produce a third data set comprising a grouping of the one or more metadata tags, or combinations thereof, associated with events having impact quantified above a threshold, wherein the third dataset is operable for predictive determinations of future event impact on service demand;
- and
- determine, by machine learning, a prediction model relating the one or more metadata tags, or combinations thereof of the third data set to extra-ordinary demand.
Dependencies are inferred from the claim text.