Patents Assigned to Strategic Weather Services
  • Patent number: 7031927
    Abstract: A system, method, and computer program product for weather and/or terrestrial vegetation-based water renovation and management forecasting are described herein. The system includes a water renovation and management forecast system that acts as an analysis engine, where the analysis engine executes a request for the evaluation of water. The system may also include a front end system that preferably provides a graphical user interface to the users of the present invention to access the water renovation and management forecast system. In addition, a database stores both past (i.e., history) and future (i.e., forecast) weather and/or terrestrial vegetation data that are used by the water renovation and management forecast system in the analysis of the water. Data in the database are passed in via the front end system, collected by the water renovation and management forecast system, or derived by the water renovation and management forecast system.
    Type: Grant
    Filed: April 12, 2000
    Date of Patent: April 18, 2006
    Assignee: Strategic Weather Services
    Inventors: Steven Beck, Sam D. Campbell, Frank deNoyelles, Stephen L. Egbert, Frederic D. Fox, David Penny, Stephen J. Randtke
  • Patent number: 6418417
    Abstract: A system and method for valuating weather-based financial instruments including weather futures, options, swaps, and the like. The system includes weather forecast, weather history, and financial databases. Also included in the system is a central processing trading server that is accessible via a plurality of internal and external workstations. The workstations provide a graphical user interface for users to enter a series of inputs and receive information (i.e., output) concerning a financial instrument. The method involves collecting the series of inputs—start date, maturity date, geographic location(s), risk-free rate, and base weather condition—affecting the value of the financial instrument and applying a pricing model modified to account for weather.
    Type: Grant
    Filed: October 8, 1998
    Date of Patent: July 9, 2002
    Assignee: Strategic Weather Services
    Inventors: Paul M. Corby, Frederic D. Fox
  • Patent number: 5832456
    Abstract: A system and method for forecasting future retail performance are described herein. The system includes a storage device that stores a sales history database, a weather history database, and a weather forecast database. An analyzer determines the extent to which past retail performance of a plurality of products at a plurality of locations was affected by weather using the sales history database and the weather history database. A configurator, coupled to the analyzer, estimates expected future retail performance of the products at the stores for a plurality of future time periods using the weather forecast database and results produced by the analyzer. A graphical user interface, coupled to the analyzer and the configurator, enables users to view and manipulate results produced by the analyzer and the configurator to thereby forecast future retail performance of the products at the locations.
    Type: Grant
    Filed: January 18, 1996
    Date of Patent: November 3, 1998
    Assignee: Strategic Weather Services
    Inventors: Frederic D. Fox, Douglas R. Pearson, Diane Caine, Steven Mann, Ron M. Shapiro, Harve C. Light, Suzanne M. Rodriguez
  • Patent number: 5796932
    Abstract: The present invention is a graphical user interface (GUI) for use in an Executive Information System (EIS) for managerial planning applications that experience long-range weather impact. The EIS is referred to as a Long-range Executive Weather Information System (LEWIS.TM.). In a preferred embodiment of the present invention, the LEWIS.TM. system is used to calculate and display to a user the impact of weather on retail planning applications. However, the present invention applies to all industries beyond retailing that experience weather impact, including, but not limited to, personal care, utilities, energy, agriculture, consumer products, insurance, transportation, outdoor events, chemicals, pharmaceutical, and construction.
    Type: Grant
    Filed: July 20, 1995
    Date of Patent: August 18, 1998
    Assignee: Strategic Weather Services
    Inventors: Frederick D. Fox, Douglas R. Pearson, Diane Caine, Andrew Kenney, Richard A. Morris, Steve A. Beck, Cathy J. Beck, Robert J. Chu
  • Patent number: 5521813
    Abstract: A computer-based system and method which incorporates long-range weather forecasts in a predictive model which quantifies historical weather impact relationships between datasets, and uses the long-range weather forecasts to predict future weather impact on managerial plans. The predictive model can use multiple regression or a neural network. In a retail application, the computer-based system and method has a weather impact predictive model based on correlations of historical weather and point-of-sale store transactions data. The weather impact model is coupled with long-range weather forecasts to adjust managerial plans for buying, distribution, financial budgeting, promotional and advertising applications. A graphical user interface provides easy assimilation of analysis for specific managerial planning applications.
    Type: Grant
    Filed: January 15, 1993
    Date of Patent: May 28, 1996
    Assignee: Strategic Weather Services
    Inventors: Frederic D. Fox, Richard J. Fox, Michael A. Rhoads, Douglas R. Pearson, William R. Young
  • Patent number: 5491629
    Abstract: A computer-based Executive Information System (EIS) system for determining the impact of weather and other external and internal factors on the retail industry. Utilizing a multiple regression correlation technique in a predictive model, a correlation of weather variables with store information for specific locations and times is performed to quantify a weather impact model in terms of unit or dollar sales volume change, or any other commercially useful benchmark. The EIS system determines these relationships with location and time specificity. Using the relationship between historical weather and historical sales, the EIS system "deweatherizes" the historical weather to create a normalized historical sales relative to weather based upon normal weather (the 30 year average). This deweatherized data may be used in conjunction with a user-provided managerial plan to produce a revised managerial plan.
    Type: Grant
    Filed: March 4, 1994
    Date of Patent: February 13, 1996
    Assignee: Strategic Weather Services
    Inventors: Frederick D. Fox, Douglas R. Pearson, Mike A. Rhoads, Peter A. Zaleski