Samsung electronics co., ltd. (20240348506). IMPROVEMENTS IN AND RELATING TO DATA ANALYTICS IN A TELECOMMUNICATION NETWORK simplified abstract

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IMPROVEMENTS IN AND RELATING TO DATA ANALYTICS IN A TELECOMMUNICATION NETWORK

Organization Name

samsung electronics co., ltd.

Inventor(s)

Mehrdad Shariat of Staines (GB)

IMPROVEMENTS IN AND RELATING TO DATA ANALYTICS IN A TELECOMMUNICATION NETWORK - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240348506 titled 'IMPROVEMENTS IN AND RELATING TO DATA ANALYTICS IN A TELECOMMUNICATION NETWORK

The patent application relates to a communication system beyond 4G to support higher data rates.

  • Method of providing processed analytics data from multiple suppliers to a consumer.
  • Consumer takes action based on processed data from all suppliers or after a defined period.
  • Aimed at improving decision-making processes based on comprehensive analytics data.

Potential Applications:

  • Enhancing decision-making processes in various industries.
  • Improving efficiency in data-driven operations.
  • Facilitating real-time data analysis for better insights.

Problems Solved:

  • Streamlining data processing from multiple sources.
  • Ensuring comprehensive data analysis before taking action.
  • Enhancing the accuracy and reliability of decision-making processes.

Benefits:

  • Improved decision-making based on comprehensive analytics data.
  • Enhanced efficiency in processing and analyzing data.
  • Facilitates real-time insights for better business outcomes.

Commercial Applications:

  • Data analytics companies
  • Financial institutions
  • Healthcare organizations

Questions about the technology: 1. How does this method improve decision-making processes based on analytics data? 2. What industries can benefit the most from this technology?

Frequently Updated Research: Stay updated on the latest advancements in data analytics and communication systems to enhance decision-making processes.


Original Abstract Submitted

the disclosure relates to a pre-5th-generation (5g) or 5g communication system to be provided for supporting higher data rates beyond 4th-generation (4g) communication system such as long term evolution (lte). disclosed is a method of providing processed analytics data from a plurality of analytics data suppliers to an analytics data consumer, wherein the analytics data consumer takes action on the basis of the processed analytics data only when the processed analytics data from all of the plurality of analytics data suppliers has been received or until a defined period has elapsed.