Intellectual Property India Publishes Patent Application for 'System And Method For Retail Demand Forecasting Using Gradient Boosting With Bayesian Hyperparameter Optimization' Filed by Symbiosis International

MUMBAI, India, March 13 -- Intellectual Property India has published a patent application (202621011112 A) filed by Symbiosis International, Pune, Maharashtra, on Feb. 2, for 'system and method for retail demand forecasting using gradient boosting with bayesian hyperparameter optimization.'

Inventor(s) include Dr. Shreyas Rajendra Hole.

The application for the patent was published on March 13, under issue no. 11/2026.

According to the abstract released by the Intellectual Property India: "The present invention discloses a retail demand forecasting system (100) integrating Light Gradient Boosting Machine with Bayesian hyperparameter optimization. The system comprises a Data Acquisition Module (110) for collecting transactional data includ...