{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11243263","patent":{"patent_number":"US-11243263","title":"Remaining-life and time-to-failure predictions of power assets","assignee":null,"inventors":[],"filing_date":"2016-06-02T00:00:00.000Z","publication_date":"2022-02-08T00:00:00.000Z","cpc_codes":["G05B","G06Q","G06F","G06N","G06N","G06Q"],"num_claims":18,"abstract":"A method for predicting time-to-failure and remaining-life of an electrical power system asset includes analyzing characteristics of the power system asset over a specified time interval; based on the analysis, associating the power system asset with a pool of similar power system assets having similar historical performance characteristics; and based on the association, calculating time-to-failure and remaining-life probability factors for the power system asset. A computer program product is also provided for carrying out the method, and the method may further include a mechanism whereby the computer program learns ways to modify and enhance the analysis of the performance characteristics to provide for higher confidence levels in time-to-failure and remaining-life probability calculations."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Remaining-life and time-to-failure predictions of power assets","description":"A method for predicting time-to-failure and remaining-life of an electrical power system asset includes analyzing characteristics of the power system asset over a specified time interval; based on the","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11243263","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11243263","citation_suggestion":"Patentable. \"Remaining-life and time-to-failure predictions of power assets\" (US-11243263). https://patentable.app/patents/US-11243263","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11243263","json":"https://patentable.app/api/llm-context/US-11243263","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T19:46:53.703Z"}