Company Filing History:
18 out of 164,108 
2 out of 11 Years Active: 2005-2021
Title: Herbert Scott McFaddin: A Pioneer in Market Event Identification and Customer Segmentation
Introduction
Herbert Scott McFaddin, based in Yorktown Heights, NY, is a notable inventor and innovator with an impressive portfolio of 18 patents. His work predominantly focuses on cutting-edge methodologies for customer segmentation and market event identification, leveraging advanced algorithms and data analytics to enhance business strategies.
Latest Patents
Among his latest innovations are two patents that highlight his expertise in customer insights and market dynamics. The first, titled "Customer segmentation based on latent response to market events," details a comprehensive method that includes inputting a set of characteristic features for a range of customers, defining a customer-event map, and estimating the likelihood of an event-driven purchase for each product type and event category combination.
The second patent, "Market event identification based on latent response to market events," describes a method and system for determining the likelihood of a purchase during a market event by customers with similar features. This patent showcases McFaddin's ability to create predictive tools that help businesses understand consumer behavior in response to various events.
Career Highlights
Throughout his career, McFaddin has made significant contributions while working for prestigious organizations. He has been associated with International Business Machines Corporation (IBM) and the Institute for Information Technology Advancement, where he applied his expertise in technology and innovation to push the boundaries of market research and segmentation.
Collaborations
Herbert Scott McFaddin has collaborated with talented colleagues throughout his career, notably including Chandrasekhar Narayanaswami and Ajay Ashok Deshpande. These collaborations have undoubtedly enriched his innovative projects and contributed to the development of impactful technologies.
Conclusion
Herbert Scott McFaddin stands out as a key figure in the realm of innovations surrounding customer engagement and market analysis. His patents reflect a deep understanding of consumer behavior and the market landscape, making significant strides in how businesses approach customer segmentation and event-driven marketing strategies. His ongoing contributions continue to shape the future of business intelligence and analytics.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.