Confidence index for assets
First Claim
1. A computer-implemented method of associating a data element value with a data element, the method comprising the steps of:
- utilizing a computer to obtain a plurality of data element values from one or more data sources, wherein each of the plurality of data element values are related to a single data element;
storing the plurality of data element values;
determining at least one factor related to each of the plurality of data element values;
calculating a present confidence index for each of the plurality of data element values based on the at least one factor, comprising;
periodically calculating one or more confidence indexes for each of the plurality of data element values,storing the periodically calculated confidence indexes, andutilizing a historic trend of the periodically calculated confidence indexes for each data element value as the at least one factor when calculating the present confidence index;
comparing the present confidence index for each of the plurality of data element values to determine a data element value with the highest present confidence index;
selecting the data element value with the highest present confidence index; and
associating the selected data element value with the data element.
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Accused Products
Abstract
A system and method for distributed database data and file access and retrieval, and managing assets of a company can include the steps of obtaining one or more data elements, storing each of the data elements, determining one or more factors related to a manner in which each of the data elements was obtained, associating a confidence index with each factor, and calculating a confidence index for each of the stored data elements, as well as a composite confidence index for the entire data store, based on the confidence index score for the individual data elements. The system and method can include calculating a confidence index for each of the stored data elements. The factors can include the date that the data elements were obtained. The factors can include from which of one or more sources the data elements were obtained.
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Citations
20 Claims
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1. A computer-implemented method of associating a data element value with a data element, the method comprising the steps of:
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utilizing a computer to obtain a plurality of data element values from one or more data sources, wherein each of the plurality of data element values are related to a single data element; storing the plurality of data element values; determining at least one factor related to each of the plurality of data element values; calculating a present confidence index for each of the plurality of data element values based on the at least one factor, comprising; periodically calculating one or more confidence indexes for each of the plurality of data element values, storing the periodically calculated confidence indexes, and utilizing a historic trend of the periodically calculated confidence indexes for each data element value as the at least one factor when calculating the present confidence index; comparing the present confidence index for each of the plurality of data element values to determine a data element value with the highest present confidence index; selecting the data element value with the highest present confidence index; and associating the selected data element value with the data element. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
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12. A system for associating a data element value with a data element, the system comprising:
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a storage device; and one or more processors designed and configured for; obtaining a plurality of data element values from one or more data sources, wherein each of the plurality of data element values are related to the same data element; storing the plurality of data element values; determining at least one factor related to each of the plurality of data element values; calculating a present confidence index for each of the plurality of data element values based on the at least one factor, comprising; periodically calculating one or more confidence indexes for each of the plurality of data element values, storing the periodically calculated confidence indexes, and utilizing a historic trend of periodically calculated confidence indexes as the at least one factor when calculating the present confidence index; comparing the present confidence index for each of the plurality of data element values to determine the data element value with the highest present confidence index; selecting the data element value with the highest present confidence; and associating the selected data element value with the data element. - View Dependent Claims (13, 14, 15, 16, 17, 18, 19)
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20. A method of associating a data element value with a data element, the method comprising the steps of:
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obtaining the plurality of data element values from a plurality of data sources; storing the plurality of data element values; determining at least one factor related to each of the plurality of data element values; calculating a present confidence index for each of the plurality of data element values based on the present confidence index associated with each factor, wherein calculating the present confidence index includes calculating a weighted average wherein data element values obtained on a more recent data receive a greater weight than data element values obtained less recently, and wherein calculating the present confidence index includes calculating a weighted average wherein the plurality of data sources are ranked based on reliability, and data element values obtained from a data source having a higher ranking receive a greater weight than data element values obtained from a data source having a lower ranking, and periodically calculating one or more confidence indexes for each of the plurality of data element values; storing the periodically calculated confidence indexes; and
utilizing a historic trend of periodically calculated confidence indexes used as the at least one factor when calculating the present confidence index;comparing the present confidence index for each of the plurality of data element values to determine a data element values with the highest present confidence index; selecting the data element value with the highest present confidence value; and associating the selected data element value with the data element.
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Specification