Centralized Asset Hub Eliminates Redundant Data Entry

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Solution Overview

Problem

Existing home asset tracking systems require manual data entry for each user, leading to redundancy, inaccuracy, and limited functionality compared to paper-based systems, failing to effectively manage and share information about home assets efficiently.

Innovation Solution

A home asset management system that centralizes asset information in a database, allowing users to access and share content through a network, with manufacturers, service providers, and insurers, using a server platform connected to client devices, reducing redundancy and enhancing data accessibility and sharing.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If a local database system is used to track home asset information, then data can be stored and accessed locally, but every user must manually enter all asset information leading to redundant data entry and potential inaccuracies

Engineering Contradiction:
Improvedata accuracyVSAvoiddata entry time
Core Design Contradiction:
ReliabilityVSLoss of time

Solution Approach 1:

The patent implements a centralized asset information repository that stores master copies of asset data. Multiple users can access and copy this centralized information to their local devices, eliminating the need for each user to manually enter data. This ensures data accuracy while significantly reducing data entry time and effort.

Inventive Principle:
Principle #26Copying

Solution Approach 2:

The patent introduces a centralized asset information repository as an intermediary between users and asset data. This intermediary centralizes data management, allowing users to access accurate information without direct manual entry, thereby improving reliability while reducing the time investment required.

Inventive Principle:
Principle #24Intermediary (Mediator)

2Adaptability or versatility

If a centralized asset management system is implemented with network connectivity, then information sharing among users, manufacturers, and service providers is enhanced, but system complexity increases

Engineering Contradiction:
Improveinformation sharing capabilityVSAvoidsystem architecture complexity
Core Design Contradiction:
Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent segments the asset management system into distinct functional modules: a centralized asset information repository, user client applications, manufacturer interfaces, and service provider interfaces. This segmentation allows each component to be developed and maintained independently, managing overall system complexity while enabling versatile information sharing across different user groups.

Inventive Principle:
Principle #1Segmentation

3Ease of operation

If manual data entry is required for each user's asset information, then local systems can operate independently, but the process is arduous and prone to incomplete or inaccurate data

Engineering Contradiction:
Improvedata entry easeVSAvoiddata completeness
Core Design Contradiction:
Ease of operationVSManufacturing precision

Solution Approach 1:

The patent enables users to copy standardized asset information from the centralized repository to their local devices with a single action. This copying mechanism dramatically improves ease of operation compared to manual entry, while ensuring data completeness and accuracy by using the centralized master data as the source.

Inventive Principle:
Principle #26Copying

Solution Approach 2:

The system allows users to automatically retrieve and populate their own asset information from the centralized repository without requiring manual data entry. This self-service approach improves ease of operation while ensuring complete and accurate data through automated population from the centralized source.

Inventive Principle:
Principle #25Self-service

4Device complexity

If a paper-based system is used to track home assets, then no additional technology complexity is introduced, but the system provides little advantage over manual tracking and lacks sharing functionality

Engineering Contradiction:
Improvesystem simplicityVSAvoidfunctional capability
Core Design Contradiction:
Device complexityVSAdaptability or versatility

Solution Approach 1:

The patent creates a multi-functional digital platform that combines asset tracking, information storage, community sharing, manufacturer communication, and service provider coordination in a single system. This universal platform provides extensive functional capabilities far beyond paper-based systems while maintaining user-friendly access through standardized interfaces.

Inventive Principle:
Principle #6Universality (Multi-functionality)

Data Source

PatentUS11049063B2Asset communication hub
Publication Date: 2021.06.29 CENTRIQ TECHNOLOGY INC
  • US11049063B2 patent drawing
  • US11049063B2 patent drawing
  • US11049063B2 patent drawing

AI summary

Disclosed herein are system, method, and computer program product embodiments for establishing communication channels related to assets. An embodiment enables users of home assets such as appliances to share content related to that asset through a centralized clearinghouse of asset content. Aggregated content reduces redundant searches across sources by many users looking for the same content. New data pathways from user to users, manufacturers, and various third parties are established through the connections created in relation to assets.