This inventor holds 1 USPTO granted patent. Top assignee: Manugistics Inc.. Active years: 2006.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2006
Title: Innovations by George Cao in Event Revenue Management
Introduction
George Cao is an accomplished inventor based in Sunnyvale, CA. He has made significant contributions to the field of event revenue management through his innovative patent. His work focuses on optimizing pricing strategies to maximize profits for events.
Latest Patents
George Cao holds a patent for an "Event Revenue Management System." This invention provides a comprehensive approach to calculating event pricing, managing revenue, and maximizing profit. The system utilizes various event parameters, including timing, resources, and discount categories, to initialize forecasting parameters. By aggregating historical data, it generates initial forecast statistics and forecasts demand based on current data. The system then optimizes pricing and availability based on the forecasted demand, ensuring effective revenue management.
Career Highlights
George is currently employed at Manugistics Inc., where he applies his expertise in event revenue management. His innovative approach has positioned him as a key player in the industry, contributing to the development of effective pricing strategies.
Collaborations
George has collaborated with notable coworkers, including Michael Eldredge and Nancy Pyron, who have supported his innovative endeavors.
Conclusion
George Cao's contributions to event revenue management through his patent demonstrate his commitment to innovation and excellence in the field. His work continues to influence how events are priced and managed for optimal profitability.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile