Deriving Insights Based on Real-time Data Ingested from Internet Enabled Device
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Oct 16, 2015
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Oct 16, 2015
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Abstract
A system is disclosed for deriving insights based on real-time consumption patterns. Real-time consumption data can be received and processed to determine product consumption patterns for a different geo-locations. The product consumption patterns can be analyzed to predict the demand for products or product categories for each geo-location. Predictions can also be made of which products may require replenishment in each geo-location. Valuable insights can in turn be generated for retailers and manufacturers.
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