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06-10-2023 |
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For several applications, the rate of data development is a lot more crucial than the volume. Real-time or nearly real-time info makes it feasible for a business to be much more agile than its competitors. For instance, our colleague Alex "Sandy" Pentland as well as his group at the MIT Media Laboratory utilized location data from mobile phones to presume the number of people were in Macy's car park on Black Friday-- the begin of the Xmas purchasing season in the United States. This made it possible to approximate the merchant's sales on that important day also before Macy's itself had tape-recorded those sales. https://my-books.me/user/mithirbgah |
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