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For several applications, the rate of information creation is a lot more vital than the volume. Real-time or almost real-time info makes it possible for a business to be far more dexterous than its competitors. For instance, our colleague Alex "Sandy" Pentland as well as his team at the MIT Media Lab used place information from mobile phones to infer the amount of individuals remained in Macy's parking area on Black Friday-- the beginning of the Christmas buying period in the USA. This made it feasible to approximate the merchant's sales on that critical day also before Macy's itself had actually recorded those sales. https://kurtmmhansen13.contently.com/ |
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