US Patent Issued to Tata Consultancy Services on Sept. 22 for "Dynamic pricing of products in e-commerce using ensemble of contextual bandits" (Indian Inventors)

ALEXANDRIA, Va., Sept. 24 -- United States Patent no. 12,743,708, issued on Sept. 22, was assigned to Tata Consultancy Services Ltd. (Mumbai, India).

"Dynamic pricing of products in e-commerce using ensemble of contextual bandits" was invented by Srividhya Sethuraman (Chennai, India), Uma Maheswari Govindaraju (Chennai, India), Sharadha Ramanan (Chennai, India), Sunny Kumar (Chennai, India), Siddhesh Sunil Thombre (Chennai, India) and Vikash Patel (Chennai, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "The embodiments of the present disclosure herein address the unresolved problem of obtaining price recommendation not only for the immediate moment but also for a continuous period until a market-driven...