Event Prediction System Using Frequency-Based Model Selection

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Solution Overview

Problem

Current systems face challenges in accurately predicting and detecting missed events in service consumption patterns due to inadequate or unreliable historical data, leading to operational uncertainties and increased false positives, which complicates the identification of disruptions and anomalies.

Innovation Solution

A method involving the use of event prediction and missed event detection systems that analyze historical data to identify event frequencies and patterns, employing models such as seasonality, sequence, and rule-based models to predict future events and alert on missed occurrences.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If event monitoring is implemented using traditional methods, then event tracking is performed, but false positives increase and reliability decreases due to inadequate historical data

Engineering Contradiction:
Improveevent prediction accuracyVSAvoidfalse positives
Core Design Contradiction:
ReliabilityVSObject-generated harmful factors

Solution Approach 1:

The system performs preliminary analysis of historical event data to establish baseline patterns, frequencies, and seasonal variations before monitoring begins. This preliminary action creates a robust predictive model that reduces false positives by comparing actual events against pre-established patterns rather than reacting to every deviation.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The system implements continuous feedback loops where predicted events are compared with actual events, and the model is refined over time. This feedback mechanism improves reliability by learning from past predictions and adjusting to changing event patterns, reducing both false positives and missed detections.

Inventive Principle:
Principle #23Feedback

2Reliability

If multiple monitoring models are used to improve detection accuracy, then event prediction reliability improves, but system complexity increases

Engineering Contradiction:
Improvemissed event detection accuracyVSAvoidmonitoring system complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The monitoring system is segmented into distinct functional components: historical data analysis module, pattern recognition module, prediction engine, and alert generation module. Each segment handles a specific aspect of event monitoring, making the overall complex system manageable and maintainable while preserving high detection accuracy.

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The system employs a universal monitoring framework that can handle multiple types of events and patterns using the same core architecture. Rather than creating separate specialized systems for different event types, a single multi-functional platform adapts to various monitoring needs through configurable parameters and learned patterns.

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

3Measurement precision

If historical data is extensively analyzed to establish event patterns, then prediction accuracy improves, but time consumption increases

Engineering Contradiction:
Improveevent pattern identification accuracyVSAvoiddata processing time
Core Design Contradiction:
Measurement precisionVSLoss of time

Solution Approach 1:

The system applies partial analysis by focusing on the most significant patterns and frequencies in historical data rather than exhaustively analyzing every detail. It identifies key seasonal variations and dominant event frequencies that provide sufficient prediction accuracy without requiring complete analysis of all historical data points.

Inventive Principle:
Principle #16Partial or excessive action

Solution Approach 2:

The system dynamically adjusts analysis parameters such as time windows, frequency thresholds, and pattern sensitivity based on the specific event type and historical data characteristics. This allows optimal balance between analysis depth and processing time, adapting the level of scrutiny to each monitoring scenario.

Inventive Principle:
Principle #35Parameter changes

Data Source

PatentUS20250208932A1Systems and methods for predicting events and detecting missed events
Publication Date: 2025.06.26 THE BANK OF NEW YORK MELLON
  • US20250208932A1 patent drawing
  • US20250208932A1 patent drawing
  • US20250208932A1 patent drawing

AI summary

Systems and methods for predicting events and detecting missed events receive an event identifier and historical data for and event; calculate an event frequency of the event; identify a first model of a plurality of models, in which the first model is identified based on the calculated event frequency of the event, and in which different models are associated with different event frequency designations; train the first model based on the historical data for the event, in which training the first model based on the historical data for the at least one event further includes: identifying at least one event change point in the historical data; and calculating an event time slot based on the at least one event change point in the historical data; and generate a prediction of one or more predicted future events based at least in part on the first model.