Patent 10977250 was granted and assigned to Intuit on April, 2021 by the United States Patent and Trademark Office.
Certain aspects of the present disclosure provide techniques for determining similarities between businesses. One example method generally includes receiving a similarity query and receiving transaction data associated with a plurality of businesses for comparing the plurality of businesses. The method further includes generating a set of vectors representing the plurality of businesses based on the transaction data and generating a set of compact vectors based on the vectors by applying a dimensionality reduction technique. The method further includes generating based on the set of compact vectors, a similarity index and determining a response to the similarity query using the similarity index.