Walmart had two patents in cloud during Q1 2024. Walmart Inc filed a patent for a cloud-based system that allows retail store employees or customers to easily sell automotive tires by accessing multiple tire inventory systems and providing personalized recommendations and TPMS service packs. GlobalData’s report on Walmart gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Walmart grant share with cloud as a theme is 50% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: System and method for presenting tire-related information to customers (Patent ID: US20240070748A1)
The patent filed by Walmart Inc. describes a cloud-based system designed to assist retail store employees or customers in the sale of automotive tires. The system accesses various tire inventory systems from different distributors and provides personalized tire recommendations along with TPMS service packs. The system includes databases accessible through different interfaces, a control circuit to process queries and merge results, and the ability to rank tires based on performance metrics like comfort, off-road capabilities, mileage, winter performance, responsiveness, and wet-road performance. Additionally, the system can take actions such as ordering tires, retrieving them from storage, or installing them on vehicles based on the results obtained.
Furthermore, the system incorporates a third database for TPMS data, allowing employees to input business rules for TPMS products. The control circuit maps vehicle information to the TPMS-related products, enabling the identification of suitable TPMS products for customers. The system also includes features like using sensors to detect pre-existing damage on vehicles before servicing, with the sensor being a camera in a portable electronic device carried by an employee. Overall, the system streamlines the tire purchasing process by providing tailored recommendations, facilitating ordering and installation, and ensuring compatibility with TPMS products.
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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.
