| Bio: |
For several applications, the rate of data development is even more vital than the volume. Real-time or almost real-time info makes it feasible for a business to be far more agile than its competitors. For example, our colleague Alex "Sandy" Pentland and his team at the MIT Media Laboratory made use of area information from cellphones to infer the amount of people were in Macy's parking lots on Black Friday-- the begin of the Christmas buying season in the United States. This made it possible to estimate the merchant's sales on that critical day even prior to Macy's itself had tape-recorded those sales. https://www.sbnation.com/users/cwrictrffv |
