18748691. IMPROVEMENTS IN AND RELATING TO DATA ANALYTICS IN A TELECOMMUNICATION NETWORK simplified abstract (SAMSUNG ELECTRONICS CO., LTD.)

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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 18748691 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 analysis and utilization.
  • Facilitating real-time data-driven actions for businesses.

Problems Solved:

  • Ensuring comprehensive analytics data is received before making decisions.
  • Streamlining data processing and decision-making processes.
  • Enhancing the accuracy and reliability of data-driven actions.

Benefits:

  • Improved decision-making based on comprehensive analytics data.
  • Enhanced efficiency in data processing and utilization.
  • Facilitates real-time actions based on processed analytics data.

Commercial Applications:

  • Data analytics companies
  • Financial institutions
  • Healthcare organizations
  • Retail businesses

Questions about the technology: 1. How does the method ensure the reliability and accuracy of processed analytics data? 2. What are the potential challenges in implementing this method in real-world scenarios?

Frequently Updated Research: Stay updated on advancements in data analytics technologies and methodologies to enhance the efficiency and accuracy of processed analytics data.


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.