Patents by Inventor Omkar Pandit

Omkar Pandit has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20130254055
    Abstract: A commerce system involves purchase transactions between retailers and consumers. The purchase transaction includes products associated by a common product type. A plurality of classifications is defined based on an attribute of the products within the common product type. Transaction probabilities for each classification are determined based on a prior transaction probability and transaction weight for each product. A consumer probability associated with each classification is revised based on a prior consumer probability and the transaction probabilities. The consumer probability indicates a likelihood of a consumer purchasing a product having the attribute associated with the classification. A product probability associated with each classification is revised based on a prior transaction probability, consumer probability, and product weight. The product probability indicates a likelihood of a product having the attribute associated with the classification.
    Type: Application
    Filed: March 21, 2012
    Publication date: September 26, 2013
    Applicant: FRACTAL ANALYTICS, INC.
    Inventors: Prashant Warier, Omkar Pandit, Srikanth Velamakanni, Natwar Mall