Sunday, September 30, 2007

Business by numbers

Whenever I get the chance, I like to read The Economist magazine. The September 15th issue has this fascinating article on Using Algorithms in Business. A key theme of the piece is that the speed and processing power of computers translates into executing tasks with blinding speed using vast amounts of data.
These are few of the several interesting examples of the use of algorithms from the article: Logistics planning at UPS; handling customer calls at call-center operator Convergys; routing information on the Internet; the Queuing of departing planes at an airport....

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