Company Filing History:
Years Active: 2023
Title: Innovations by Jake Swartz in Machine Learning for Sales Optimization
Introduction
Jake Swartz is an innovative inventor based in Huntington Beach, CA. He has made significant contributions to the field of machine learning, particularly in optimizing sales processes. His work focuses on enhancing the efficiency of sales outlet recommendations through advanced computational methods.
Latest Patents
Jake Swartz holds a patent for "Machine learning systems and methods for selection, filtering or presentation of available sales outlets in a distributed networked computing environment." This invention addresses the recognition time delay data, leads and sales data, and lead distance data for leads arriving at a system within a specific time range. The technology utilizes these data points to determine a time variable close rate and a distance adjustment, which can predict the close rate for each lead. By employing a logistic regression model, the system generates scores that indicate the probability of closing a sale between a lead and a dealer, thereby facilitating better recommendations for consumers interested in purchasing vehicles.
Career Highlights
Jake Swartz is currently employed at TrueCar, Inc., where he applies his expertise in machine learning to improve sales strategies. His innovative approach has garnered attention in the industry, showcasing the potential of data-driven decision-making in sales.
Collaborations
Some of Jake's notable coworkers include Sharat Nair and Victor Dave Choi, who contribute to the collaborative environment at TrueCar, Inc. Their combined efforts enhance the development of innovative solutions in the automotive sales sector.
Conclusion
Jake Swartz's contributions to machine learning and sales optimization exemplify the impact of innovative thinking in technology. His patent and work at TrueCar, Inc. highlight the importance of data in driving sales success.