Kitae Kim

Title: Innovations of Kitae Kim

Introduction

Kitae Kim is a notable inventor based in London, GB. He has made significant contributions to the field of pricing applications through his innovative patents. With a total of 2 patents, his work focuses on enhancing the efficiency and accuracy of pricing strategies.

Latest Patents

Kitae Kim's latest patents include a system, method, and computer program for real-time and computationally efficient prediction of values for a quote variable in a pricing application. This invention describes a system that utilizes the highest-density interval (HDI) of probability density function (PDF) to recommend a value range for various quote variables, such as price, discount, volume, or closing time. The system precomputes PDFs for groups of related inputs, summarizing each PDF as an array of discrete points. A dimension reduction technique is applied to the PDF inputs during both training and real-time phases, which reduces the number of possible combinations of PDFs. During the quote-creation process, a PDF look-up table allows the system to efficiently identify an applicable PDF based on reduced input values.

Career Highlights

Kitae Kim is currently employed at Apttus Corporation, where he continues to develop innovative solutions in pricing applications. His work has been instrumental in advancing the capabilities of pricing systems, making them more efficient and user-friendly.

Collaborations

Some of his notable coworkers include Kirk G Krappé and Neehar Giri, who contribute to the collaborative environment at Apttus Corporation.

Conclusion

Kitae Kim's contributions to the field of pricing applications through his innovative patents demonstrate his expertise and commitment to enhancing efficiency in this area. His work continues to influence the development of advanced pricing strategies.