Bank of America had one patents in connectivity during Q4 2023. The Bank of America Corp has developed a system for transmitting data server and client device logs over a network for analysis to identify potential issues. This system utilizes a quantum smart grid network with Li-Fi technology for increased bandwidth and improved latency. Data servers in a data center transmit their logs to an aggregation point through an internal Li-Fi network, which are then transmitted over the smart grid network that carries both power and data communications. GlobalData’s report on Bank of America gives a 360-degreee view of the company including its patenting strategy. Buy the report here.

Bank of America grant share with connectivity as a theme is 0% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: Intelligent monitoring and repair of network services using log feeds provided over li-fi networks (Patent ID: US20230344520A1)

The patent filed by Bank of America Corp. describes a system and method for transmitting data server and client device logs over a network for analysis to identify potential issues such as errors. The logs are transmitted through a quantum smart grid network that utilizes Li-Fi technology for increased bandwidth and improved latency. Data servers in a data center transmit logs to an aggregation point through an internal Li-Fi network, which are then sent over the smart grid network that carries both power and data communications. The system includes a repair analysis server connected to cloud server systems, which receives, aggregates, and analyzes the log feeds to identify and resolve issues affecting the data servers.

The system utilizes a Li-Fi network with LED emitters and photoreceptors to connect data servers to a log feed aggregation module, assigning each server a different transmission channel. The aggregated log feeds are transmitted to the repair analysis server through a smart grid network, quantized into particles for transmission. The repair analysis server uses machine-learning algorithms to identify resolutions for the identified issues, delegating tasks if needed. The method involves configuring the Li-Fi network, receiving and aggregating log feeds, transmitting them to the repair analysis server, receiving resolutions, and applying them to the affected data servers. The system aims to efficiently manage and resolve issues in data servers through advanced networking technologies.

To know more about GlobalData’s detailed insights on Bank of America, buy the report here.

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

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.