State Farm Mutual Automobile Insurance had 40 patents in future of work during Q4 2023. State Farm Mutual Automobile Insurance Co has filed patents related to adaptive mapping computing devices for optimizing travel routes, systems for virtual collaboration in virtual environments, determining effectiveness of vehicle feature updates, predicting efficient driving routes for electric vehicles based on battery health impact, and monitoring and responding to battery failure events in electric vehicles using autonomous vehicles. GlobalData’s report on State Farm Mutual Automobile Insurance gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
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State Farm Mutual Automobile Insurance grant share with future of work as a theme is 52% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Systems and methods for adaptive route optimization for learned task planning (Patent ID: US20230419262A1)
The patent filed by State Farm Mutual Automobile Insurance Co. describes an adaptive mapping computing device that generates a route model based on user tasks, preferred transportation modes, and geographic data to provide an optimized travel plan. The device continuously updates the plan in real-time based on user location, real-time information, and fluctuating conditions, enabling adaptive route pathing and transportation mode selection. The system also includes features like displaying the optimized travel plan on a user interface, retrieving data from databases, incorporating real-time weather and traffic data, and generating task and risk models for enhanced route planning.
The computing device and method outlined in the patent focus on creating an efficient and personalized travel experience for users by utilizing real-time data and adaptive algorithms. By generating route models based on user tasks and preferences, the system can offer optimized travel plans with the best routes and transportation modes available at the user's starting location. The continuous updating of plans based on real-time information like weather and traffic conditions ensures that users receive the most relevant and efficient travel recommendations. Additionally, the system includes features like displaying plans on a map overlay, generating task and risk models, and utilizing historical data for predictive analysis, enhancing the overall user experience and safety of travel planning.
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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.
