System and method for firmware or software updates including cost-benefit analysis

Abstract

A system for a firmware update includes an industrial device, such as an electric vehicle charging device, with firmware, a central server with an interface configured to collect and process data from a data source, a network, wherein the industrial device and the central server are configured to communicate via the network, and a cost-benefit-analysis (CBA) module for performing a cost-benefit analysis, wherein the CBA module is configured via executable instructions to calculate relative costs for a firmware update of the industrial device utilizing the data from the data source, determine a relative benefit for the firmware update of the industrial device, and compare the relative costs to the relative benefit.

Dependencies are inferred from the claim text.