Veeva Systems has been granted a patent for systems and methods utilizing point-in-time architecture (PTA) databases. The method involves entering data, processing it statistically, filtering based on user-selected attributes, and performing multiple stages of data processing. The patent aims to enhance data management and analysis processes. GlobalData’s report on Veeva Systems 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 Veeva Systems, Social media analytics was a key innovation area identified from patents. Veeva Systems's grant share as of January 2024 was 69%. Grant share is based on the ratio of number of grants to total number of patents.
Method for processing data using point-in-time architecture databases
A recently granted patent (Publication Number: US11886452B2) outlines a method and system for utilizing a point-in-time architecture (PTA) database. The method involves entering or receiving data into the PTA database, processing the data using statistical operations, filtering the output data based on user-selected attributes, and executing data processing operations in stages. The system includes at least one PTA database, computing device processors, and memories storing instructions for data processing. The instructions enable the processing of data, statistical operations, filtering of output data, and graphical display of processing stages, among other functions.
The method and system described in the patent focus on efficiently managing information in a PTA database through a structured process. By incorporating statistical operations, user input for configuration parameters, and graphical displays of data processing stages, the technology aims to streamline data analysis and decision-making processes. Additionally, the system provides user interfaces for detecting, analyzing, validating, and comparing data, enhancing the overall data management experience. The patent also covers features such as adjusting data compatibility, sending query commands, and displaying reference data, further enriching the capabilities of the PTA database system. Overall, the patent highlights a comprehensive approach to utilizing PTA databases for effective information management and analysis.
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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.
