Patents Assigned to Performance Accountability, LLC
  • Patent number: 8060532
    Abstract: A method, system and computer program product for determining the suitability of an entity to provide products or services. Category and measurement data is received concerning the entity where each category is assigned a value based on the acquisition context. If the value assigned to a category exceeds a threshold, then the measurement data for that category is used in evaluating the entity. This measurement data is weighted according to the acquisition context. A binary value is generated for each weighted measurement value that exceeds a threshold. These binary values are summed and weighted according to the confidence that the source of the data is correct. Further, the past performance and reputation of the entity is used in applying a weight to the summed binary values to generate a suitability value. If the suitability value exceeds a threshold, then it is deemed suitable to conduct business with the entity.
    Type: Grant
    Filed: September 30, 2009
    Date of Patent: November 15, 2011
    Assignees: Board of Regents, The University of Texas System, Performance Accountability, LLC
    Inventors: Eric R. White, Phillip Bookert, Sheila Rosenberg