New York, NY, United States of America

Michael Lester Zhao

USPTO Granted Patents = 8 

Average Co-Inventor Count = 2.3

ph-index = 2

Forward Citations = 8(Granted Patents)


Location History:

  • El Monte, CA (US) (1998)
  • New York, NY (US) (2016 - 2021)

Company Filing History:


Years Active: 1998-2021

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8 patents (USPTO):Explore Patents

Title: Michael Lester Zhao: Innovating Economic Impact Analysis and Vacancy Identification

Introduction:

Meet Michael Lester Zhao, a seasoned inventor and innovator based in New York, NY. With seven patents to his name, Zhao has made significant contributions to the fields of economic impact analysis and vacancy identification. Currently working at Mastercard International Incorporated, he continues to push boundaries and explore new frontiers in his chosen areas of expertise.

Latest Patents:

Zhao's latest patents showcase his innovative thinking and problem-solving abilities. In his first patent titled "Systems and Methods for Identifying Commercial Vacancies," he introduces a vacancy identification computing device. This device helps users identify vacant storefronts located within commercial properties. By analyzing transaction data associated with candidate storefronts, Zhao's invention generates notifications for registered users, effectively notifying them when a storefront becomes vacant.

In his second patent, "Systems and Methods for Determining Economic Impact of an Event within a Geographic Area," Zhao revolutionizes the analysis of economic impacts of candidate events. By building a reference data store containing historical transaction data records, Zhao's invention models the impact of various events on active accounts, active merchants, and consumer spending within a geographic area. This data-driven approach allows for accurate predictions and the generation of comprehensive economic impact reports.

Career Highlights:

Throughout his career, Zhao has demonstrated remarkable expertise and dedication to his craft. His patents highlight his ability to identify pain points in various industries and develop cutting-edge solutions. By addressing the challenges of identifying vacant commercial spaces and evaluating the economic impact of events, Zhao has significantly contributed to improving business insights, decision-making, and urban planning.

Collaborations:

Zhao's work at Mastercard International Incorporated has brought him into contact with talented individuals in his field. Among his notable coworkers are Jeremy Michael Pastore and Arun Elangovan. Collaborations with these individuals likely contributed to the success and impact of his patented inventions. Together, they have explored new avenues of innovation, leveraging their collective expertise to drive progress and create solutions with real-world applications.

Conclusion:

Michael Lester Zhao's inventive spirit and dedication to developing practical solutions have made him a respected figure in the field of innovations and patents. Through his latest patents in vacancy identification and economic impact analysis, Zhao has demonstrated his commitment to improving efficiencies in commercial real estate and providing accurate insights on the economic consequences of events. With his continued contributions, Zhao is poised to bring about even more groundbreaking innovations in the future, shaping the landscape of urban planning and business intelligence.

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