US Patent Issued to International Business Machines on Aug. 25 for "Identification of hierarchical reconciliation processes for producing coherent forecasts" (New York, Connecticut, Massachusetts Inventors)

ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,148, issued on Aug. 25, was assigned to International Business Machines Corp. (Armonk, N.Y.).

"Identification of hierarchical reconciliation processes for producing coherent forecasts" was invented by Anna Yanchenko (Groton, Mass.), Wesley M. Gifford (Ridgefield, Conn.), Brian Leo Quanz (Yorktown Heights, N.Y.), Nam H. Nguyen (Pleasantville, N.Y.) and Pavithra Harsha (Pleasantville, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Mechanisms are provided for automatic identification of a reconciliation computer tool for producing coherent reconciled data from base data generated by a computer model. A machine learning training operation is execut...