Grab has been granted a patent for a processor device that efficiently manages transport-related service requests. The device receives requests, creates batches, matches requests to service providers, and notifies potential matches. This innovative system streamlines the service provider selection process for improved efficiency. GlobalData’s report on Grab gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Grab, was a key innovation area identified from patents. Grab's grant share as of February 2024 was 10%. Grant share is based on the ratio of number of grants to total number of patents.
Processor device for managing transport-related service requests
A recently granted patent (Publication Number: US11928752B1) discloses a processor device designed to manage multiple transport-related service requests efficiently. The processor device, equipped with a CPU, input, and output devices, operates under stored instructions to receive service requests from various requesters, buffer them until a batch creation criterion is met, match each service request to an available service provider, and notify the matched service providers for acceptance or rejection. The batch creation criterion can be based on reaching a predetermined threshold number or the elapsing of a dynamically variable time period, which can be adjusted based on data traffic load.
Furthermore, the patent outlines a method for managing transport-related service requests using the processor device, emphasizing the importance of matching service requests to providers effectively. The method involves receiving requests, buffering them until a batch is formed, matching requests to providers, and notifying potential matches. It also includes strategies for varying the time period, geographical area, and prioritization of requests and providers to optimize the matching process. Additionally, the method addresses scenarios where unmatched requests are added to subsequent batches for further matching attempts, with provisions to reject requests that remain unmatched after a certain number of attempts. The patent also covers the use of a non-transitory computer-readable medium to store instructions for executing the described method efficiently.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
