Company Filing History:
Years Active: 2022
Title: A Closer Look at Inventor Konrad Schenk and His Contributions to Machine Learning
Introduction: Konrad Schenk is an innovative inventor based in Potsdam, Germany, known for his work in the field of machine learning and cost allocation methodologies. With a total of three patents to his name, Schenk's inventions demonstrate his commitment to advancing technology and improving efficiency within organizations.
Latest Patents: Konrad Schenk's recent patents include a groundbreaking innovation titled "Cost allocation estimation using direct cost vectors and machine learning." This patent outlines a method for estimating cost allocations within an organization by consolidating transactions through a machine learning system. It details how to create a sender-receiver percentage matrix to aid in more accurately estimating costs transmitted between senders and receivers within an organization over a specified time period.
Another notable patent by Schenk is focused on "Predicting missing items." This invention introduces a system designed to detect likely missing items in received documents using a combination of data processing and machine learning algorithms. The technology provides an indication of these missing items, showcasing the potential to streamline workflows and enhance document accuracy.
Career Highlights: Schenk is currently employed at SAP SE, a company recognized globally for its enterprise software solutions. His contributions at SAP SE reflect his dedication to leveraging cutting-edge technology to tackle complex business challenges.
Collaborations: Throughout his career, Konrad Schenk has collaborated with colleagues such as Johannes Hoehne and Luca Toldo. These partnerships exemplify the importance of teamwork in driving innovation and advancing research within their shared areas of expertise.
Conclusion: As an inventor, Konrad Schenk has made significant strides in the realms of machine learning and cost allocation. His innovative patents, combined with his collaborative spirit, position him as a key figure in the ongoing evolution of technology-driven solutions in organizations. Through his work, Schenk continues to inspire future innovations in the field.