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For lots of applications, the speed of data creation is much more vital than the volume. Real-time or virtually real-time information makes it feasible for a firm to be much more dexterous than its competitors. For example, our colleague Alex "Sandy" Pentland and also his group at the MIT Media Lab used area data from smart phones to infer how many people remained in Macy's parking lots on Black Friday-- the beginning of the Christmas purchasing season in the United States. This made it possible to approximate the seller's sales on that vital day also before Macy's itself had taped those sales. http://lit-book.ru/user/sulannsosh |
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