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.

Date of Patent:
Nov. 10, 2020

Filed:

Jun. 14, 2019
Applicant:

International Business Machines Corporation, Armonk, NY (US);

Inventors:

Harish Bharti, Pune, IN;

Amol Dhondse, Kothrud, IN;

Abhay Patra, Pune, IN;

Anand Pikle, Pune, IN;

Rajesh Kumar Saxena, Mumbai, IN;

Attorneys:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 30/02 (2012.01); G06F 9/54 (2006.01); G06N 20/00 (2019.01);
U.S. Cl.
CPC ...
G06Q 30/0206 (2013.01); G06F 9/547 (2013.01); G06N 20/00 (2019.01); G06Q 30/0201 (2013.01); G06Q 30/0204 (2013.01);
Abstract

A method, system and computer program product for determining API pricing. Consumption parameters are identified using a supervised learning model. The API consumption parameters refer to any parameters that can be used to describe an API (functionality or otherwise) and can be used to compare other comparable APIs in similar domains provided by other providers. Furthermore, reference pricing is determined using machine learning using the identified API consumption parameters. Additionally, the API price is determined dynamically using the identified API consumption parameters and the determined reference pricing. An API pricing score is then derived for the API price using the supervised learning model. The API price is selected as the suggested price for the API in response to the API pricing score exceeding a threshold value. In this manner, an API price is established that reflects the true value of the API assessed by the API consumer.


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