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For lots of applications, the speed of information creation is a lot more important than the volume. Real-time or virtually real-time info makes it feasible for a company to be far more dexterous than its competitors. For example, our associate Alex "Sandy" Pentland as well as his group at the MIT Media Laboratory made use of area information from mobile phones to presume the number of people remained in Macy's car park on Black Friday-- the start of the Xmas purchasing season in the USA. This made it feasible to estimate the retailer's sales on that particular crucial day even prior to Macy's itself had actually taped those sales. https://500px.com/p/kurtmmhansen11 |
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