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:
Oct. 27, 2009

Filed:

Jun. 29, 2001
Applicants:

Joseph L. Hellerstein, Ossining, NY (US);

Gautam Kar, Yorktown Heights, NY (US);

Alexander Keller, Mamaroneck, NY (US);

W. Nathaniel Mills, Iii, Coventry, CT (US);

John F. Morar, Mahopac, NY (US);

Inventors:

Joseph L. Hellerstein, Ossining, NY (US);

Gautam Kar, Yorktown Heights, NY (US);

Alexander Keller, Mamaroneck, NY (US);

W. Nathaniel Mills, III, Coventry, CT (US);

John F. Morar, Mahopac, NY (US);

Attorneys:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 30/00 (2006.01);
U.S. Cl.
CPC ...
Abstract

Electronic contracts or 'eContracts' for representing service level agreements are provided. In one illustrative embodiment, the eContract may comprise information pertaining to: (a) descriptions of business transactions in IT terms; (b) financial implications of business transaction service levels; and (c) reporting to be done in business terms. Of course, the eContract may comprise other terms and conditions. In an illustrative aspect of the invention, a system for managing IT resources in terms of business financials comprises an electronic contract authoring system or 'ecAuthoring system,' an electronic contract manager module or “ecManager,” and one or more electronic contract agent modules or “ecAgents” that may run on IT elements (e.g., components of the network) that are being managed. Analysts interact with the ecAuthoring system to construct eContracts. An eContract is input to an ecManager that interprets the contract to report on and optimize IT resources based on business financials. The ecManager collaborates with ecAgents to monitor, report, and enforce contracts expressed in such business terms.


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