Target has been granted a patent for a database performance monitoring platform that analyzes usage data across various enterprise databases. The system provides insights, alerts, and automated recommendations to enhance efficiency, reduce downtime, and support informed decision-making within functional groups. GlobalData’s report on Target gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on Target, Treatment progress monitoring was a key innovation area identified from patents. Target's grant share as of July 2024 was 85%. Grant share is based on the ratio of number of grants to total number of patents.

Database performance monitoring and analysis platform

Source: United States Patent and Trademark Office (USPTO). Credit: Target Corp

The patent US12056103B2 describes a system and method for managing and optimizing the usage of heterogeneous databases within an enterprise organization. The system includes a processor and memory that store instructions to receive and analyze usage data from various databases allocated to different functional groups within the organization. Each group has specific database requirements, and the system calculates usage metrics over multiple time periods. It generates a user interface that allows users to compare these metrics, identify alert events related to performance or cost conditions, and provide automated recommendations for adjusting database footprints based on the analysis.

Additionally, the system incorporates artificial intelligence to enhance the analysis of usage data, which includes metrics such as database utilization, performance, storage, and cost. The method further involves predicting future usage metrics and generating alerts based on these predictions. Automated recommendations may include adjustments to database types or storage requirements, and the system can initiate these recommendations automatically. Overall, the patent outlines a comprehensive approach to database management that aims to improve efficiency and reduce costs through data-driven insights and automated actions.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.