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For many applications, the rate of information creation is a lot more important than the quantity. Real-time or almost real-time info makes it possible for a business to be much more agile than its rivals. As an example, our coworker Alex "Sandy" Pentland as well as his group at the MIT Media Laboratory made use of place data from mobile phones to infer the number of people were in Macy's parking area on Black Friday-- the beginning of the Christmas purchasing season in the United States. This made it possible to estimate the retailer's sales on that crucial day even before Macy's itself had tape-recorded those sales. https://www.bright-bookmarks.win/he-has-a-good-point-36 |
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