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For lots of applications, the rate of information production is a lot more vital than the quantity. Real-time or nearly real-time information makes it feasible for a company to be much more nimble than its rivals. For example, our colleague Alex "Sandy" Pentland and his team at the MIT Media Laboratory used place data from mobile phones to infer the number of individuals were in Macy's parking lots on Black Friday-- the start of the Christmas shopping period in the USA. This made it feasible to approximate the retailer's sales on that vital day also prior to Macy's itself had actually taped those sales. https://www.normalbookmarks.win/discover-here-24 |
