Fifth Third Bancorp
METHODS FOR SPATIALLY RELATIVE APPORTIONMENT OF GEOSPATIAL DATA IN DISTRIBUTED COMPUTING SYSTEMS, AND RELATED SYSTEMS AND APPARATUS

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Abstract:

A method and processing system for assessing of the health of a network of retail locations in a defined geographic area, by a process including the development of a greenfield benchmark score for a network of ideally sited locations, followed by the development of a brownfield score of current locations, for comparison to the greenfield score. The invention is further applicable to decisions to open a new location, relocate an existing location or close an existing location. In these cases, the effect of opening a new location, or relocating or closing an underperforming location is evaluated by recalculating the brownfield score after the addition of each of several potential new locations, and/or after relocating or closing each of several poorly performing locations.

Status:
Application
Type:

Utility

Filling date:

4 Jun 2020

Issue date:

24 Sep 2020