The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 19, 2020
Filed:
Feb. 25, 2016
Honeywell International Inc., Morris Plains, NJ (US);
Gregory E. Stewart, North Vancouver, CA;
David J. Germann, North Vancouver, CA;
Marc Light, Saint Paul, MN (US);
Sharath Venkatesha, Minnetonka, MN (US);
Honeywell International Inc., Morris Plains, NJ (US);
Abstract
A method includes identifying a statistical performance of a monitoring rule associated with an asset monitoring system. The monitoring rule includes logic configured to identify one or more faults with at least one asset, and the statistical performance includes an effectiveness of the monitoring rule in identifying the one or more faults. The method also includes identifying an economic performance of the monitoring rule, where the economic performance is based on costs associated with different outcomes of the monitoring rule. The method further includes updating or replacing the monitoring rule based on the economic performance.