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Collaborative predictive model building

  • US 8,160,977 B2
  • Filed: 12/07/2007
  • Issued: 04/17/2012
  • Est. Priority Date: 12/11/2006
  • Status: Active Grant
First Claim
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1. A computer implemented method for estimating a probability that a future event will occur based on user input, the method comprises:

  • decomposing by one or more computer systems a data input stream to build a first database of precursor data to build at least one predictive model;

    building by the one or more computer systems at least one model generated by a model building process using the precursor data in the precursor database, with the at least one model being a model that produces predictions of the likelihood of an event occurring in the future; and

    storing by the one or more computer systems the at least one model in a second database that stores models, with the second database being searchable to permit the at least one model in the second database to be accessed by users; and

    calculating by the one or more computer systems accuracy of the at least one model against historical data.

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