| Bio: |
For numerous applications, the speed of information production is even more essential than the volume. Real-time or nearly real-time information makes it feasible for a firm to be much more agile than its competitors. As an example, our colleague Alex "Sandy" Pentland as well as his team at the MIT Media Lab utilized place data from smart phones to infer how many individuals were in Macy's car park on Black Friday-- the beginning of the Christmas shopping period in the United States. This made it feasible to estimate the store's sales on that vital day even before Macy's itself had actually tape-recorded those sales. https://www.instructables.com/member/plefullcbi/ |
