MUMBAI, India, July 24 -- Intellectual Property India has published a patent application (202611065002 A) filed by Niet Business School on May 22, 2026, for A Performance Forecasting Device For Management Planning.
Inventors include Dr. Anjali Saluja; and Mahendra Pratap.
The application for the patent was published on July 17, 2026, under issue no. 29/2026.
Abstract: A performance forecasting device for management planning is disclosed. The device includes a data acquisition module, indicator normalization module, parameter repository, forecasting engine, scenario configuration module, confidence scoring module, recommendation module, governance interface, and planning display unit. Enterprise indicators are converted into normalized forecast inputs, processed against planning parameters, evaluated under baseline and alternative scenarios, and assigned confidence values. Forecast deviations are mapped to prioritized planning actions while governance records preserve approvals, assumptions, threshold changes, and release status for auditable managerial decision support.
Disclaimer: Curated by HT Syndication.
