Patents by Inventor Steve Colten

Steve Colten 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).

  • Patent number: 10204349
    Abstract: The present invention relates to a system and method for customer segment analysis. The system receives customer transaction data for the generation of segments, including point of sales data and customer identification information. Errors in the data may be resolved. Then, individual customers may be segmented by statistically relevant groups. The segmentation of consumers may be accomplished by comparing data of known customers to known segments. Unknown customers, new customers and point of sales data which is missing customer data may also be segmented via statistical similarity to known segments. Using the customer segments, segment wide point of sale data may be generated. This data may then be aggregated by consumer groups. Consumer groups may include by household or other communal purchasing entity. The aggregated segment data may be validated and transformed for outputting to the optimization system. The price optimization system may the use the segment data for generation of preferred prices.
    Type: Grant
    Filed: September 25, 2009
    Date of Patent: February 12, 2019
    Assignee: International Business Machines Corporation
    Inventors: Sean McCauley, Paul Algren, Paritosh Desai, Steve Colten, Rob Parkin, Suzanne Valentine, Craig Silverman
  • Patent number: 9773250
    Abstract: The present invention relates to a system and method for analyzing product roles. The system receives a listing of products for classification into roles. The system receives volume data for each item, as well as demand coefficient. Elasticity of the products may be determined from the demand coefficients. Product volumes and elasticities may then be compared against one another by graphing the product by its volume versus elasticity. From this comparison the products may be classified into one or more roles. These roles include image items, niche products, assortment completers, and profit drivers. The assortment completer role is populated with products which have high relative elasticity and low relative volume. Niche product role is populated with products which have low relative elasticity and low relative volume. The image item role is populated with products which have high relative elasticity and high relative volume.
    Type: Grant
    Filed: May 4, 2010
    Date of Patent: September 26, 2017
    Assignee: INTERNATIONAL BUSINESS MACHINES CORPORATION
    Inventors: Sean McCauley, Steve Colten, Sean Kervin, Paritosh Desai, Howard Yihzan Wu, Jason Lee Gunnink, Phil Delurgio, Stephanie Taylor Delurgio
  • Publication number: 20100306031
    Abstract: The present invention relates to a system and method for analyzing product roles. The system receives a listing of products for classification into roles. The system receives volume data for each item, as well as demand coefficient. Elasticity of the products may be determined from the demand coefficients. Product volumes and elasticities may then be compared against one another by graphing the product by its volume versus elasticity. From this comparison the products may be classified into one or more roles. These roles include image items, niche products, assortment completers, and profit drivers. The assortment completer role is populated with products which have high relative elasticity and low relative volume. Niche product role is populated with products which have low relative elasticity and low relative volume. The image item role is populated with products which have high relative elasticity and high relative volume.
    Type: Application
    Filed: May 4, 2010
    Publication date: December 2, 2010
    Inventors: Sean McCauley, Steve Colten, Sean Kervin, Paritosh Desai, Howard Yihzan Wu, Jason Lee Gunnink, Phil Delurgio
  • Publication number: 20100145772
    Abstract: The present invention relates to a system and method for customer segment analysis. The system receives customer transaction data for the generation of segments, including point of sales data and customer identification information. Errors in the data may be resolved. Then, individual customers may be segmented by statistically relevant groups. The segmentation of consumers may be accomplished by comparing data of known customers to known segments. Unknown customers, new customers and point of sales data which is missing customer data may also be segmented via statistical similarity to known segments. Using the customer segments, segment wide point of sale data may be generated. This data may then be aggregated by consumer groups. Consumer groups may include by household or other communal purchasing entity. The aggregated segment data may be validated and transformed for outputting to the optimization system. The price optimization system may the use the segment data for generation of preferred prices.
    Type: Application
    Filed: September 25, 2009
    Publication date: June 10, 2010
    Inventors: Sean McCauley, Paul Algren, Paritoshi Desai, Steve Colten, Rob Parking, Suzanne Valentine, Craig Siverman