Machine Learning System for Dynamic Event Processing Parameter Modification

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Solution Overview

Problem

Existing systems face inefficiencies in reallocating resources in response to unexpected obligations, often resulting in delayed and inefficient adjustments to event processing devices, which can lead to insufficient resources when needed.

Innovation Solution

Implementing a machine learning-based system that analyzes historical data and real-time location information to dynamically modify parameters of event processing devices, such as credit limits, in anticipation of potential resource needs, allowing for automatic adjustments to accommodate unforeseen obligations.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Loss of time

If traditional resource reallocation methods are used, then resource adjustments can be made, but the process is time-consuming and resources may not arrive in a timely manner

Engineering Contradiction:
Improvetime for resource reallocationVSAvoidefficiency of resource allocation
Core Design Contradiction:
Loss of timeVSProductivity

Solution Approach 1:

The system performs preliminary actions by using machine learning models to predict future resource needs before obligations actually arise. Historical data and current device states are analyzed in advance to anticipate when resources will be needed, allowing the system to prepare and allocate resources proactively rather than reactively, thus eliminating delays associated with traditional reallocation methods.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The system implements continuous feedback loops where device states, resource usage patterns, and obligation data are constantly monitored and fed back into the machine learning models. This feedback mechanism enables the system to learn from past resource allocation outcomes and continuously improve its predictions, ensuring timely and efficient resource reallocation while adapting to changing conditions in real-time.

Inventive Principle:
Principle #23Feedback

2Productivity

If machine learning is used to predict and automatically adjust parameters in real-time, then resource allocation becomes timely and efficient, but system complexity increases

Engineering Contradiction:
Improveefficiency of resource allocationVSAvoidcomplexity of parameter modification system
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The system employs self-service mechanisms where machine learning models automatically analyze device states, predict resource needs, and adjust parameters without human intervention. The models autonomously learn from historical data and current conditions, making independent decisions about when and how to modify device parameters, thereby achieving high efficiency while managing complexity through automation rather than manual processes.

Inventive Principle:
Principle #25Self-service

Solution Approach 2:

The system manages complexity by focusing on changing specific key parameters of device states rather than overhauling entire system architectures. Machine learning models identify and adjust critical parameters based on predicted obligations and historical patterns, allowing efficient resource allocation through targeted parameter modifications rather than complex system-wide changes.

Inventive Principle:
Principle #35Parameter changes

Data Source

PatentUS10846619B2Using machine learning system to dynamically modify device parameters
Publication Date: 2020.11.24 BANK OF AMERICA CORP
  • US10846619B2 patent drawing
  • US10846619B2 patent drawing
  • US10846619B2 patent drawing

AI summary

Systems for dynamically modifying one or more parameters of an event processing device are provided. In some examples, a system may receive data, such as data from a mobile device of a user. The data may include current location information of the mobile device. In some examples, additional data, may also be received. In some examples, one or more machine learning datasets may be used to determine whether a parameter of the event processing device should be modified. If so, an instruction to modify the parameter of the event processing device may be generated and executed. After modifying the parameter, additional data may be received and analyzed to determine whether a triggering event has occurred. If not, the parameter may remain in the modified state. If a triggering event has occurred, the parameter may be further modified.